Trade Resources Industry Views Formosa Epitaxy, CWT,CAT Saw November Revenues Drop by 22.96%,9.32% and Rise by 5.00%

Formosa Epitaxy, CWT,CAT Saw November Revenues Drop by 22.96%,9.32% and Rise by 5.00%

Formosa Epitaxy,a Taiwan-based LED epitaxial wafer and chip maker,Crystalwise Technology(CWT)and Crystal Applied Technology(CAT),two Taiwan-based sapphire wafer makers,saw November revenues drop by 22.96%,9.32%and rise by 5.00%on month respectively,according to the companies.

The sequential decrease was due to decreases in order received and product price,Formosa Epitaxy indicated.Utilization of production capacity stands at 70-80%currently,higher than 50-60%in the fourth quarter of 2011,Formosa Epitaxy pointed out.

Due to weak demand,prices for a 2-inch sapphire wafer have fallen from US$7.5 in November to below US$7 while those for a 2-inch PSS(patterned sapphire substrate)have also dropped to US$13-14,according to Taiwan-based makers.

Source: http://www.digitimes.com/news/a20121210PD217.html
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Formosa Epitaxy, CWT,CAT Post Mixed Sequential Growth in November Revenues
Topics: Lighting