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This year's domestic investment in sapphire substrates seems to have stepped on the hot wheels, and the round-the-round investment phenomenon is dazzling.
Crazy investment continues to stage
According to the test data of the High-tech LED Industry Research Institute (GLII), as of May this year, the number of new sapphire substrate projects in China reached 12 in 2011, with a total planned investment of 19.62 billion yuan.
For this kind of fiery phenomenon, Wu Lanzhen, general manager of Yunnan Lanjing, told Gaogong LED reporter that “the domestic evaluation of this sapphire substrate project seems to be unreasonable, there will be fierce competition, and in the end it will begin to shuffle. But currently Capacity release is still not so fast." 
Source: Gaogong LED Industry Research Institute 
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The 1.8 billion sapphire substrate project was approved for continuous expansion of Yunnan Blue Crystal
Recently, Yunnan Lanjing Technology Co., Ltd. (hereinafter referred to as “Yunnan Lanjingâ€) invested 1.8 billion yuan to build a new project of 2 million pieces of 4-inch sapphire substrate and 450,000 pieces of 6-inch sapphire substrate, which has been approved by the National Development and Reform Commission. Reply.