New sapphire apps can trigger an investment cycle!

Too many new entrants on sapphire for LED market with unrealistic capacity plans. Most underestimated the technical challenges! Prices are likely to remain low through 2013. Many new entrants will fail in 2013-2014: rationalization (M&A, bankruptcy, attrition). In the long term, vertical integration is desirable to avoid margin stacking, said Eric Virey, senior market and

Union budget 2010: Solar, UIDs all the way!

As expected, solar photovoltaics (PV) is the largest beneficiary of the UPA government’s union budget 2010, which was presented today by India’s Union Finance minister, Pranab Mukherjee. On India’s growth, he said that a 10 percent GDP growth rate is likely in the future. Late last week, I had said that it would be a great