Morric Mac, New Hampshire--(BUSINESS WIRE)--GT Solar International, Inc. (Nasdaq), a provider of polysilicon production technology, sapphire and silicon crystal growth systems, and related materials for the global solar, LED and other specialty markets Sigma stock code: SOLR) announced today that it has received three new orders for advanced sapphire crystallurgical furnaces (ASF) totalling $91 million, two of which are from Taiwan and the other from mainland China. Taiwanese customers are Alpha Crystal Technology and Tera Xtal, while mainland China customers are Lingyang Group. Xinjing Diamond Technology Co., Ltd. and Lingyang Group are all new customers of GT Solar. Zhaojing Technology Co., Ltd. previously signed a sapphire material purchase agreement with GT Solar last week.
GT Solar President and CEO Tom Gutierrez said: "The momentum of users ordering our advanced sapphire crystallizer is very strong, and new orders continue this trend. New market players and established manufacturers are interested in our advanced sapphire crystal furnace products. Exceeding our expectations, this proves that our customers believe that we have the ability to achieve high-volume, low-cost production with cutting-edge crystal growth technology to meet the market demand for high quality sapphire materials."
With crystallization technology and global support resources, GT Solar enables customers to achieve low-cost mass production of sapphire, which not only achieves high output, but also achieves a higher return on investment.
About GT Solar International, Inc.
GT Solar International, Inc. is a leading global supplier of polysilicon production technology, sapphire and silicon crystal growth systems and related materials for solar, LED and other specialty markets. The company's products and services help customers optimize their manufacturing environment and reduce their cost of ownership. For more information on GT Solar, please visit
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