Zhang Jianqun, Vice Chairman of Dazu Laser (002008. SZ), stated at the annual shareholders' meeting that the company's LED sapphire substrate cutting equipment achieved nearly 100 million yuan in revenue last year, and this part of the business was very good at the beginning of this year, benefiting from the high brightness of LED lighting. The sapphire substrate cutting equipment has an optimistic order volume, with nearly half of last year's total orders in the first quarter. The overall demand in the industry is high, and it is expected to have high growth throughout the year.
Chairman Gao Yunfeng previously stated at a performance briefing that there is a trend of large-scale application of sapphire in the consumer electronics field, and the company has long-term accumulation and rich experience in laser processing technology for sapphire. The company now has the technology and capability to independently provide sapphire laser processing solutions. Collaborative development with customers refers to providing customized solutions based on different customer needs.
Some securities researchers believe that sapphire cutting equipment is a necessary device for the next generation of iPhones. Currently, DaZu Laser has successfully advanced in sapphire cutting equipment and may share the sapphire cutting market with a German company in the future. The company is expected to use this sapphire equipment in HOME keys, iwatch, and even cover plate cutting in the future. In the next 2-3 years, it will provide long-term high growth market space.