Total investment of 500 million U.S. dollars of sapphire crystal project settled in Lianyungang

Recently, according to China semiconductor lighting network reporter, from the Hongkong Youth Park International Limited company invested $500 million in the sapphire crystal project signing ceremony was held in Lianyungang development zone.

It is reported that sapphire crystal is an important raw material in the LED industry, has broad market prospects, the world is only the United States, Russia, Japan and other countries to master its production technology. The signing of sapphire crystal project plan, intended to build a larger domestic raw material supply enterprises LED.

It is understood that before the end of this year in the Lianyungang Development Zone to build 3 long crystal furnace, 2012 will be built 27 long crystal furnace. According to reports, the project objectives for the completion of 500 long crystal furnace, will eventually be built of sapphire crystal material base of asia.