The Global Sapphire market in Semiconductors has witnessed enormous developments
The Global Sapphire market in Semiconductors has witnessed enormous developments in the past few years. The companies in Asia-Pacific (APAC) have shown an extensive growth and have a major market share in the sapphire ecosystem. Americas is following the APAC and giving s fierce competition by mainly concentrating on the innovative developments in aerospace anddefense as well as other electronic products.TheGlobal Sapphire market in Semiconductorsisendorsing a rampage of new product developments, mergers and collaborations, expansions, and other activities in the research and development field.
The major drift in the sapphire industry took place when Apple Inc. (U.S.) signed a contract with GT Advanced Technologies (U.S.) worth 578 Million USD, where it was decided that GT Advanced Technologies (U.S.) would manufacture sapphire display cover and camera lens cover for Apple’s products. GT Advanced Technologies (U.S.) serves the Global Sapphire market in Semiconductors with its innovative products and developments. The company has its major focus on the U.S. market and is trying to expand with a fierce competition from its peers such as Rubicon Technology (U.S.), Insaco Inc. (U.S.), and so on. Moreover, sapphire, specifically synthetic sapphire, has several exceptional properties that make it of interest to Apple. The attraction towards sapphire was due to many reasons such as,sapphire is superior to glass, even competing glass material, in several ways. Synthetic sapphire has no color, as it’s a single crystal grown to be optically transparent,making it look very similar to glass. But it’s also extremely hard as it has a nine on the Mohs scale,which means better scratch resistance.With GTAT’s new technology, it was possible to produce lighter, stronger, and optically transparent glass ideally fulfilling Apple’s requirements for its new products.
In the modern context, GT Advanced Technologies not only serves the role of a torch bearer but also enjoys the lion’s share in the sapphire ecosystem of Americas. After signing the contract with Apple Inc. (U.S.), GT Advanced Technologies has improved its manufacturing at the new production plant by refining the quality of its furnaces and also improving products produced. GT expects to make between 480 million USD and 640 million USDfrom its sapphire business in 2014.
Related Reports:
Sapphire Technology Market by Growth Technologies (KY, CZ, HEM, and EFG), Substrate Wafer (Si-on-Sapphire, SiC-on-Sapphire, GaN-on-Sapphire, and Others), Devices, Applications, and Geography - Analysis & Forecast to 2013 - 2020
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