GT Advanced Technologies' Sapphire Wind-Down A Game Changer For Wafer Prices, Rubicon
- When GTAT entered the sapphire market, the increased competition resulted in declines in sapphire wafer prices. There will likely be some degree of reversal with the company's exit.
- GTAT’s sapphire furnace business will be hit by litigation and court imposed restrictions putting further pressure on total market capacity.
- Rubicon is in a strong position to regain market share lost to GTAT in 2011 and 2012.