Sino-US Crystal's February revenue growth of 16% sapphire substrate visibility is high

Zhongmeijing announced that its consolidated revenue in February was NT$691 million, a monthly growth of 16.3%. The legal person assessed that the semiconductor silicon wafer orders had been completed in May, and the subsidiary Globitech received a full load, while the sapphire substrate was followed. The operation of the LED epitaxial plant has improved, and the demand has also improved significantly compared to the downturn last year.

In the semiconductor market, with the recovery of semiconductor market demand in the future, Zhongmeijing's current semiconductor silicon wafers have been able to receive orders. In May, its epitaxial plant Globitech began to respond to the demand for rebound in the downstream. At the full load level, overall, China-US Crystal's semiconductor product line in March is still expected to grow upwards.

In the sapphire substrate market, with the LED epitaxial plant also clearly felt the demand rebound in February, the general revenue has a monthly growth of 1-2%, and the LED upstream sapphire substrate that Zhongmeijing focuses on has also felt the demand situation. Yes, visibility can be extended to the next 2 months, and it is expected that the price will rise after the temperature rises first.

Sino-US Crystal has completed the 9 billion yuan joint loan case led by Citibank, of which 6.2 billion is the main loan of China-US crystal, and another 7.7 billion yen is the Japanese subsidiary GWafers, which is 100% owned by Zhongmeijing. The main purpose of Inc.'s main loan is to complete the acquisition of the equity of the semiconductor wafer business of the Japanese company COVALENT with its own funds.

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