LDK Solar to join sapphire substrate market
The firm is installing a new Chinese manufacturing facility which will have the annual capacity to supply two million two-inch equivalent pieces of sapphire wafers to the LED industry.
LDK Solar, a manufacturer of multicrystalline silicon solar wafers and PV products, has invested approximately $40 million to establish a new manufacturing plant in Nanchang City, Jiangxi Province in China.
This new manufacturing facility will have capacity to supply two million two-inch equivalent pieces of sapphire wafers per year and be positioned to capture the growing opportunities in the LED industry.
"We are very pleased to expand our wafer manufacturing to Nanchang City, Jiangxi Province," stated Xiaofeng Peng, Chairman and CEO of LDK Solar.
"We believe this new investment in manufacturing sapphire wafers has a great synergy with LDK Solar's crystallisation and wafer engineering and manufacturing expertise, and will enhance LDK Solar's product offerings.”
"We also would like to express our sincere appreciation to Nanchang City and Jiangxi Province for the support they have shown us during the planning and construction of our wafer and module plants over the past two years," Peng concluded.