Sapphire substrate Taiwan factory Zhaojing, Zhaoyuan March revenue bright eyes

Taiwan's sapphire substrate giants Zhaojing (4969) and Zhaoyuan (4944) saw their performance in March. In the first quarter, Zhaojing's March revenue exceeded NT$300 million to reach 318 million yuan, an increase of 12.35% month-on-month and an annual increase of 357%. Accumulated 2011 Q1 revenue reached NT$884 million, and the annual growth rate was as high as 416%.

Zhaojing pointed out that the company's monthly revenue has reached a new high for 15 consecutive months. The current monthly production capacity is 450,000 pieces. This year, it will further expand production. It is expected that 60~100 cutting machines will be added at the end of 2011. The monthly production capacity of each cutting machine is about At 50,000 pieces, the machine is mainly from Japan Takashima Industry Co., Ltd.

Zhaoyuan's revenue in March was as high as NT$346 million, a monthly increase of 15.12%, and the annual growth rate was as high as 2 times. Zhaoyuan’s accumulated Q1 revenue was NT$649 million, with an annual growth rate of 256%.

Zhaoyuan currently has a monthly production capacity of 300,000 pieces. It plans to build a sapphire crystal growth furnace plant in Shandong, China. It has passed the stage 1 cabinet buying center review and is expected to be listed in June 2011, becoming the first sapphire substrate plant in Taiwan.

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