GT Solar's First Commercial Sale of Sapphire Crystallization Furnaces in Korea

Reportedly, South Korea-based OCI Co. Ltd. has injected $33 million to order sapphire crystallization furnaces from GT Solar, marking OCI's entrance into the LED industry and GT Solar's first commercial sale of its sapphire crystallization furnaces in Korea.

According to Tom Guiterrez, GT Solar's president and CEO, it’s the third order for their sapphire crystallization furnaces in the last two months from leading PV manufacturers that are entering the LED market. They worked closely with OCI several years ago when they launched their polysilicon production operations helping them to become one of the PV industry's leading producers of polysilicon.

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