Sapphire prices plunge Taiwan factory report fear of facing waning situation

It is understood that the sapphire substrate manufacturers Q2 rapid decline, semi annual report will face, valuation losses facing the inventory problem, fear to make the sapphire substrate factory turned negative in the first half of the gross profit, also from profit to loss. Crystal sapphire factory trillion of listed companies (4969) took the lead in the first half of the year that destroyed more than $400 million in the first half of the overall inventory loss, loss per share of 3.71 yuan losses, while U.S. grain, crystal light admits, the price has dropped, the semi annual report does have to dispel the inventory pressure, after the sapphire the substrate factory over the past year scenery and profit, semi annual report this year, fear is not too good.

Zhaojing announced the first half revenue 1 billion 630 million yuan, operating loss of 145 million yuan, gross margin was 8.92%, operating loss of 200 million yuan, net loss of 230 million yuan, 3.71 yuan per share loss. Zhao Jing said, the first half of the transfer loss mainly because of the loss of inventory valuation, including sapphire sapphire crystal rod material and itself, were listed about losses of over 400 million yuan, the company production capacity of about 450 thousand pieces of sapphire substrate, by the end of 600 thousand toward the target temporarily unchanged. The current production capacity of the largest sapphire substrate manufacturers crystal beauty also said that the semi annual report will also deal with the problem of inventory decline, the current crystal beauty 2 inch substrate monthly production capacity is maintained at about the level of 600 thousand.

While the crystal light said, Q2 prices plummeted, led the entire industry first led TV antecedent optimistic view of demand and the impact of the earthquake in Japan, so Q1-Q2 in the early have inventory, inventory valuation loss will definitely influence the performance of the semi annual report. But this market loss is stopped in half a year after the newspaper? The industry said, in fact, in July the price decline is still small, with 2 inch substrate, at the beginning of July and $18-19 per piece, but it is a buyer's market, the customer has become a month from Q2 are urgent bargaining can bargain, at the end of July the price level of $15-17 worth.

Manufacturers said that the current market demand bearish, plus the prices are still falling, substrate itself to plant conservative tour crystal rod factory purchase material, and its crystal self-sufficiency rate also increased for the degree of master will be very careful inventory.