11 May 2011
GT Solar wins $91m in sapphire furnace orders from Asia
GT Solar International Inc of Merrimack, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets) has received three new orders totaling $91m for its advanced sapphire crystallization furnaces (ASF). Two orders are from customers in Taiwan: new customer Alpha Crystal Technology, and Tera Xtal Technology Corp (which last week announced a sapphire material purchase agreement with GT Solar). The third order is from a new customer in China, the Lingyang Group.
“These new orders continue a very robust order rate for our ASF furnaces,” says president & CEO Tom Gutierrez. “The interest shown by new market entrants and existing sapphire producers for our ASF systems has surpassed our expectations and is a testament to the confidence customers have for our proven ability to quickly ramp to high-volume, low-cost manufacturing with leading-edge crystal growth technology to meet the market demand for high-quality sapphire material,” he adds.