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Price of sapphire substrates to drop in 4Q11 due to high levels of inventory

Siu Han, Taipei; Jackie Chang, DIGITIMES Asia 0

Weak demand in the LED market has been causing the price for upstream sapphire substrates to drop continuously. The price of 2-inch sapphire substrates dropped to US$15-17/unit in July and has continued to drop to US$12-13/unit in second half of August...

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