"The new iPhone is expected to adopt the sapphire screen for the first time, and it will become the most widely used new material in 2014." The expectation has gradually been recognized by the market, but the market still ignores the arrival of a big cycle: LED lighting cycle start, will drive sapphire Before the widespread use of consumer electronics, the industry took the lead in ushering in a new round of booming cycles. Sapphire will become a new material application across the mainstream electronics industry, and investment opportunities are most worth looking forward to.
LED is still the first demand driven by the sapphire industry, and will benefit from the LED cycle lighting cycle to take the lead in ushering in a new round of boom cycle. The demand for LED substrates accounts for 80% of sapphire applications, and the LED boom is basically synchronized with the sapphire cycle. In 2014, the LED lighting cycle will start, and the supply and demand pattern will return to the high point of 2010. It is expected that the price of sapphire will continue to rise in 2014 and enter the boom cycle.
Resonance with LED lighting, will usher in the peak season, the price increase is expected to be stronger. Industry chain research shows that the price of 2-inch (per mm) sapphire crystal rod has increased from 3.5 US dollars at the beginning of the year to 4 US dollars, and 4 inches has increased from 12.5 US dollars at the beginning of the year to 15 US dollars. In March, the traditional LED season will be ushered in. In the context of continued high capacity utilization rate, it is expected to continue to increase in the future, with a quarterly increase of about 10%-20%. It is expected that the gross profit margin of Sapphire will reach 40% or more (about 20 in 2013). %+).
Technological progress has driven the sapphire supply and demand pattern to be better than market expectations. Technological advancement has promoted the rapid increase in the size of LED substrates. It is expected that the proportion of 4 inches or more in 2014 will be close to 70%. The large amount of substrate for LED will rapidly increase the demand for large cavity soaking furnaces, while large cavity crystals The barriers are high and it is expected that the high economy will last at least two years.
Optimistic about the sapphire cycle, LED is expected to be the first to drive in the first half of the year, consumer electronics in the second half of the year, ushered in a bigger market.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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