[High-tech LED News] Aixtron, the global MOCVD equipment manufacturer, lowered its 2011 financial forecast by 33% to 20%, which is higher than the market estimate of 27%, and the estimated amount of follow-up machine orders was revised. 220 million euros fell to 100 million euros.
Taiwan’s Yuanda Investment Co., Ltd. pointed out that Aixtron and Veeco accounted for 85 to 90% of the global MOCVD market. The demand for LED equipment is indicative. It is estimated that the global MOCVD machine will reach 2,260 to 3,215 units from 2011 to 2012. In 2012, the demand for sapphire crystal rods will increase by 50% to 60 million millimeters. Today's estimated demand is reduced to 55 million millimeters, which will affect the price of sapphire crystal rods.
Yuanda Investment believes that Aixtron's downgrade forecast will also affect the performance of another equipment giant Veeco and Taiwan LED equipment vendors including Wang Hao, Shan Jing, Jiu Yuan, Wan Run and Lei Ke in the second half of the year.
Taiwan’s Yuanda Investment Co., Ltd. pointed out that Aixtron and Veeco accounted for 85 to 90% of the global MOCVD market. The demand for LED equipment is indicative. It is estimated that the global MOCVD machine will reach 2,260 to 3,215 units from 2011 to 2012. In 2012, the demand for sapphire crystal rods will increase by 50% to 60 million millimeters. Today's estimated demand is reduced to 55 million millimeters, which will affect the price of sapphire crystal rods.
Yuanda Investment believes that Aixtron's downgrade forecast will also affect the performance of another equipment giant Veeco and Taiwan LED equipment vendors including Wang Hao, Shan Jing, Jiu Yuan, Wan Run and Lei Ke in the second half of the year.
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