The sapphire iPhone5S is sold, allowing investors to find a new "Apple concept." A number of sapphire-related listed companies were excavated, and Dongjing Electronics (002199), Crystal Optoelectronics (002273), and Tianlong Optoelectronics (300029) all rushed.
"Daily Economic News" reporter noted that contrary to the A-share related companies, the US stock company GTAT, which signed a supply agreement with Apple, has undergone adjustments in the near future.
US stocks sapphire stocks fall into adjustment
The iPhone5S, which uses the sapphire HOME button, has gained market attention. In early November this year, foreign media reported that sapphire-related company GTAT announced that it had signed a multi-year, $576 million high-grade sapphire material supply agreement with Apple. There are also reports that Apple is considering using a sapphire display in the iPhone launched next year.
As soon as the above news was released, the listed companies of sapphire-related US stocks rose strongly. The "protagonist" GTAT rose by 20.53% on November 5, and the other sapphire production supplier Rubicon (NASDAQ: RBCN) also rose 10.32%. In fact, if the whole year is used as the inspection cycle, the sapphire sector will perform even better. Among them, the largest increase of RBCN in the whole year is 185.3%, and the biggest increase of GTAT this year is more than 300%.
However, the strong situation of the sapphire concept stocks has not been extended. Shortly after the announcement with Apple, GTAT's share price turned down, and has fallen by 19.35% since mid-November. RBCN has fallen 12.69% since November 18.
A-share sapphire concept stocks have been sizzled
Compared with the sharp adjustment of the US stock sapphire concept stocks, the A-share concept stocks such as Luxiao Technology (002617), Tiantong (600330) and Dongjing Electronics have been bullish. In particular, Lu Xiao Technology, the stock price has recently tripled, the stock price rose more than 50% in the past five trading days; Tiantong shares have risen more than 60% since mid-November.
In response to the continuous surge in stock prices, Luxiao Technology released a stock price change announcement that the sapphire crystal growth equipment produced by the subsidiary is not its main business and is not sold externally, accounting for a small proportion of the subsidiary's main business. In this regard, some insiders pointed out that the domestic sapphire production capacity has been excessive, the demand is not strong, and most domestic companies are doing sapphire substrates, and have not entered the Apple supply chain.
Another brokerage researcher told the "Daily Economic News" reporter that the LED lighting industry's continued strength or can drive sapphire shipments, next year is definitely better than this year; but the industry's overcapacity may be maintained.
Zhang Hongbiao, research director of the High-tech LED Industry Research Institute (GLII), told reporters that the current sapphire production capacity is still excessive, and the capacity utilization rate is only about 40%. It is not realistic to expect LED lighting to drive production capacity; only mobile phones, decoration or other industrial aspects. A breakthrough in demand, sapphire can achieve a balance between supply and demand.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
"Daily Economic News" reporter noted that contrary to the A-share related companies, the US stock company GTAT, which signed a supply agreement with Apple, has undergone adjustments in the near future.
US stocks sapphire stocks fall into adjustment
The iPhone5S, which uses the sapphire HOME button, has gained market attention. In early November this year, foreign media reported that sapphire-related company GTAT announced that it had signed a multi-year, $576 million high-grade sapphire material supply agreement with Apple. There are also reports that Apple is considering using a sapphire display in the iPhone launched next year.
As soon as the above news was released, the listed companies of sapphire-related US stocks rose strongly. The "protagonist" GTAT rose by 20.53% on November 5, and the other sapphire production supplier Rubicon (NASDAQ: RBCN) also rose 10.32%. In fact, if the whole year is used as the inspection cycle, the sapphire sector will perform even better. Among them, the largest increase of RBCN in the whole year is 185.3%, and the biggest increase of GTAT this year is more than 300%.
However, the strong situation of the sapphire concept stocks has not been extended. Shortly after the announcement with Apple, GTAT's share price turned down, and has fallen by 19.35% since mid-November. RBCN has fallen 12.69% since November 18.
A-share sapphire concept stocks have been sizzled
Compared with the sharp adjustment of the US stock sapphire concept stocks, the A-share concept stocks such as Luxiao Technology (002617), Tiantong (600330) and Dongjing Electronics have been bullish. In particular, Lu Xiao Technology, the stock price has recently tripled, the stock price rose more than 50% in the past five trading days; Tiantong shares have risen more than 60% since mid-November.
In response to the continuous surge in stock prices, Luxiao Technology released a stock price change announcement that the sapphire crystal growth equipment produced by the subsidiary is not its main business and is not sold externally, accounting for a small proportion of the subsidiary's main business. In this regard, some insiders pointed out that the domestic sapphire production capacity has been excessive, the demand is not strong, and most domestic companies are doing sapphire substrates, and have not entered the Apple supply chain.
Another brokerage researcher told the "Daily Economic News" reporter that the LED lighting industry's continued strength or can drive sapphire shipments, next year is definitely better than this year; but the industry's overcapacity may be maintained.
Zhang Hongbiao, research director of the High-tech LED Industry Research Institute (GLII), told reporters that the current sapphire production capacity is still excessive, and the capacity utilization rate is only about 40%. It is not realistic to expect LED lighting to drive production capacity; only mobile phones, decoration or other industrial aspects. A breakthrough in demand, sapphire can achieve a balance between supply and demand.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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