Sapphire substrate supplier Rubicon announced 4Q10 revenue increase of 246%

Recently, Rubicon Technology Inc., a supplier of LED sapphire substrates for LED upstream materials, announced 4Q10 (October-December 2010) earnings: revenue of $29.537 million, an increase of 246%, a quarterly increase of 44%; diluted earnings per share of $0.64, excellent At Q3's $0.35, the diluted loss per share was $0.04 compared to the same period in 2009; gross margin increased from 54% in Q3 to 63%.

Rubicon said that the company's capacity expansion activities are still in progress, and the October 10-12 December Polished Wafer revenue season increased 70% to $8.1 million; 6 wafers are expected to grow strongly in the second half of the year. The main reason is that more and more LED chip manufacturers announced that they will transfer their production lines to 6 wafers later in 2011.

Looking ahead to 1Q11, Rubicon Technology expects revenue to increase 20% quarter-to-quarter to $34-$36 million, and sapphire substrate prices will remain flat in the previous quarter.

Heavy weight belting products are available in multiple widths and styles. Most of the heavy weight fabrics are heavily coated with PTFE to ensure consistent and reliable release performance. Besides that, its outstanding performance in wear resistance, coefficient of friction and compression strength make it suitable for diverse applications as polymer casting, lamination, composite manufacturing, rubber curing.


 Conveyor belt

PTFE Conveyor Belts

PTFE Conveyor Belts,Fiberglass Conveyor Belt,Non Stick Conveyor Belts,PTFE Coated Conveyor Belt

TAIZHOU YAXING PLASTIC INDUSTRY CO., LTD , http://www.yaxingptfe.com