Since 2013, high-resolution products have been the focus in the LCD display industry with TV brands being the first to start the trend. The penetration rate in 2013 reached near 1%, and that in 2014 is likely to go up to 5%-6%.
The Chinese LED market has seen a rapid rise in demands. Expansion plans by several LED chip manufacturers boosted sapphire substrate demands. Sapphire substrate manufacturers are speeding up Chinese market strategies, due to high tariffs and emergence of Chinese LED chip manufacturers, according to the latest “2014 Global Sapphire Substrate Market Report” by LEDinside.