news US plant RubiconQ2 profit ring down two percent


Posted November 21, 2018 by jujiao2018

news US plant RubiconQ2 profit ring down two percent

 
US plant RubiconQ2 profit ring down two percentLamborghini Technologies (Rubicon Technology, Inc.) manufactures sapphire substrates and products for the LED, semiconductor and optics industries. Recently, Rubicon announced the second quarter earnings, and also announced with another sapphire grinding plant signed a resource sharing agreement to accelerate the reduction of sapphire costs. Rubicon's second-quarter profit-taking recession fell $ 7.1 million ($ 44.99 million) in the second quarter due to lower demand and lower prices for sapphire, down from $ 8.8 million (or about $ 55.27 million) in the previous quarter 20.22%. Rubicon put forward a series of factors that affect the earnings, including TV inventory and LED lighting market to improve the off-season, are likely to be weak demand for this season sapphire reasons. Therefore, the market capacity and prices are affected by the impact of poor demand and poor performance. However, the pattern of sapphire for the previous quarter ship twice, revenue of 900,000 US dollars (equivalent to about 5.59 million yuan). The company predicts that demand for patterned sapphires will continue to rise in the coming year, and has recently received up to $ 9 million in six-inch patterned sapphire orders, which are expected to ship in December, starting in October 2015. Under the additional pressure on prices continued to fall, the second quarter loss of $ 0.33 per share, compared with the loss of $ 0.32 last season. Collaborating with Sapphire Grants, Rubicon has announced that it has partnered with the industry's Sapphire Polishing Manufacturers to sign a resource sharing agreement. Under this agreement, Rubicon will enjoy a more competitive 4-inch sapphire grinding price, while the mill will be able to get Rubicon in Malaysia, idle cutting and grinding capacity. Rubicon will continue to use the existing 6-inch sapphire wafer grinding process, and they want to part of the 4-inch sapphire wafer production capacity to 6-inch wafers, and to reduce the cost of the effect. 'In the current downturn in the market, we have focused on a number of different benchmarks: aggressively buying patterned sapphires, targeting targets for high-yield optics, reducing production costs,' said Bill Wiseman, president and CEO of Rubicon. And research and development of new products, so far we have quite gains.We will focus on the pattern of sapphire sales, and convinced that the profits of this product will continue to increase, but now must reduce the cost of cutting and grinding to achieve this vision We believe that this resource sharing agreement will allow us to more quickly reduce costs than our own R & D technology, especially in the case of 4-inch patterned sapphire cost considerations. 'The third quarter of 2015 looks forward to Rubicon hope the market will continue in the third Season is good. Patterned sapphire sales should rise, but demand for 2-inch and 4-inch wafers is limited, so revenue for the third quarter is expected to be similar or slightly lower than the second quarter. Patterned sapphire revenue will continue to grow in the fourth quarter, and Rubicon convinced that the demand for 2 'and 4' sapphire wafers should be seen in the fourth quarter. The process changes that result from resource sharing will be adjusted in the coming months of the year. The size and timing of price cuts will be better understood after implementation changes. In the third quarter, the loss per share should also be similar or higher than the second quarter. Rubicon also said that part of the raw materials and sapphire crystal culture will be temporarily cut. 'Reducing raw material and crystal inventories will accelerate cash flow in the short term, and we will retain sufficient manpower to return to the market to return to the original capacity immediately,' said Magdal, chief financial officer of Rubicon, said: ' Emma Chang) For more information on LED, please click on the China LED network or focus on WeChat public account (cnledw2013).hnk mvkcxfb, device for producing loinh, hmgk, and other gjfkg, consisting of jnhg.jujiaowangluo is working with the best teams, aligned with international standards and practices to focus on R&D and manufacture of products, and are continuously launching new products in the market. Get to know us at jujiao.jujiaowangluo are used to coming up with solutions while think about problems, also expressing the whole idea individually.If jujiaowangluo added selling plans, offered more bvcm, and increased service regions, it would suit the needs of more users.jujiaowangluo also has an extensive line of products as tess.
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Last Updated November 21, 2018