“The Russian company ‘Monocrystal,’ a manufacturer of synthetic sapphire for high-tech applications in electronics, optical devices and metallization pastes for solar cells, which supplies sapphire glass for the Apple Watch, has been recognized as the largest manufacturer in the world; the annual revenue of the company reached $87 million,” Sputnik News reports.
“According to the recent report of the market research and technology analysis company Yole Developpement (YD), Russian ‘Monocrystal’ is one of the few companies in the segment that have managed to show an operating profit by the end of 2014,” Sputnik News reports. “The company has ended up ahead of Japanese competitors, taking the lead in the production of sapphire.”
“In July, the factory, based in the Russian city of Stavropol, grew a 300-pound sapphire crystal, a world’s first, using the kyropoulos method based on its own technology,” Sputnik News reports. “Monocrystal now holds 27% of the world market sapphire for optoelectronic applications and 11% of the world market of aluminum pastes for solar energy. It is one of the main suppliers of 2-inch sapphire wafers, which is made for heavy-duty panel displays for Apple Watch and Apple Watch Edition.”
Read more in the full article here.
MacDailyNews Take: That’s how those who wear big boy pants get things done, GT Advanced.
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