Jan 4, 2018: Taiwan-based sapphire substrate supplier Crystalwise Technology plans to produce 6-inch polished wafers for micro-LED. The company is one of the few which has the capability to produce 6-inch in Taiwan. It has potential to secure the leading position when the market expands. The company also considers tapping into the Micro LED market as a supplier of 6-inch polished wafers.
2017 was a tough year for Crystalwise, as it has suffered a loss per share of NTD 2.99 in the past three quarters in 2017 mainly due to the low price of patterned sapphire substrates (PSS). The company expects to see better performance in 2Q18.
The industry has seen the overall demand for LED sapphire substrates increasing, particularly in the LED lighting market. Since the price of sapphire substrate started to decrease, sapphire substrate suppliers could sense the pressure of the demand more. Many companies saw decline in their revenues and chose to exit the market.