GTAT to Produce Larger Capacity ASF165 Sapphire Furnace

GT Advanced Technologies (GT) announced that it will be making its next generation ASF165 sapphire growth furnace, for the production of high volume and high quality sapphire material, commercially available in 3Q14.

The new system will deliver a 40 percent increase in boule size when compared to the ASF115, extending GT's leadership as a provider of low cost high quality sapphire production tools. The ASF165 is expected to be the only commercially available sapphire production furnace capable of producing high quality 165 kilogram boules in high volume.

The product is currently in the beta testing stage and is expected to be ready for volume shipments beginning in 3Q14. Customers with installed ASF units, or those who opt to take delivery of new ASFs out of backlog prior to the general availability of the ASF165, will be able to upgrade to the larger capacity system when they become available. ASF165 units will also be available to new customers targeting the LED and industrial markets.

"The ASF165 gives customers a competitive advantage and lower cost of ownership by providing a sapphire furnace that significantly increases capacity and reduces cost," said Tom Gutierrez, GT's president and CEO. "Several industry analysts are forecasting an increase in demand for sapphire material and we believe that ASF customers who take advantage of the larger capacity ASF165 will be well positioned to serve this anticipated demand."

The company indicated that it has developed more advanced ASF technology capable of producing boules significantly greater than 165 kg. The company intends to keep this more advanced ASF system captive for some extended period of time.

Disclaimers of Warranties

1. The website does not warrant the following:

1.1 The services from the website meets your requirement;

1.2 The accuracy, completeness, or timeliness of the service;

1.3 The accuracy, reliability of conclusions drawn from using the service;

1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website

2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<

Proprietary Rights

You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.