GT Solar Acquired First Sapphire Crystallization Orders From two China-based Firms

GT Solar has acquired its first two orders totaling more than $84 million for sapphire crystallization systems from Jiangsu Jixing New Material Co., Ltd and Jiujiang Sapphire Tech Co., Ltd.

Total annual production capacity of the two orders is approximately eight million two-inch equivalents (TIE) of sapphire substrates.

The two orders represent GT Solar's entry into the LED equipment market, which GT Solar stated it would pursue when it announced its acquisition of Crystal Systems in July of 2010.

The two orders in combination with other DSS and polysilicon orders bring GT Solar's Q3 quarter-to-date bookings to more than $245 million and strengthen the company's view for a strong FY 2012 based on the pipeline of orders still under discussion with customers.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

New XLamp XFL LEDs are fully specified and optimized for flashlights and other portable lighting applications  Cree LED has just launched the new XLamp® XFL LED family, comprised of three LEDs designed for maximum performance in flash... READ MORE

New XLamp® Horticulture LEDs reduce height between lighting and plants to provide more uniform lighting and lower costs Horticulture and other forms of agricultural lighting require application-tuned ratios of spectral content, high effica... READ MORE