status of the sapphire industry. - semi.org.cn · kyocera huawei sos. 6 sapphire supply and demand...

2016

From Technologies to Market

Status Of the Sapphire Industry

LED China conference

March 16th 2016

March 16th 2016

From Technologies to Market

Eric Virey - Senior Analyst

2copy2016 | wwwyolefr | About Yole Deacuteveloppement

MEMS amp

Sensors

OLED and

Displays

Compound

Semi - LED

Imaging Photonics

MedTech

Manufacturing

Advanced Packaging

Batteries Energy

Management

Power

Electronics

FIELDS OF EXPERTISE

Yole Deacuteveloppementrsquos 30 analysts operate in the following areas

3

A GROUP OF COMPANIES

Market

technology and

strategy

consulting

wwwyolefr

MampA operations

Due diligences

wwwyolefinancecom

Innovation and business maker

wwwbmorphocom

Manufacturing costs analysis

Teardown and reverse engineering

Cost simulation tools

wwwsystemplusfr

IP analysis

Patent assessment

wwwknowmadefr

copy 2016

Sapphire Industry Status

5

2015 APPLICATION BREAKDOWN

Therersquos more than just

LEDs

2015 Material Consumption Breakdown Per Applications

(Note excludes traditional watches aerospace defense medical industrial etchellip)

LEDOptical Wafers

Smartwatch

Cover Glass

copy2016 | wwwyolefr | Sapphire Market amp Technology

Cell Phone

Cover Glass

HuaweiKyocera

SOS

6

SAPPHIRE SUPPLY AND DEMAND

Dramatic global excess capacity

But situation is complex

bull Leaders still operating at close to full capacity while tier-2 are idle

bull Large amount of capacity is not qualified for most applications

bull Overstated capacity sometimes difficult to verify

[1] Includes LED optical wafers SOS Apple Watch[2] Supply and demand for LED Optical wafers and SOS (excludes Apple Watch finishing capacity at Biel and Lens

which requires 25D and 3D capabilities)[3] Open market only excludes demand and capacity at LED makers

3x

22x

18x

Sapphire Supply and Demand(Exiting 2015)


7

WHY CAPACITY IS SO HIGH AND KEEPS INCREASING

Anticipation of fast

growing LED applications

10rsquos of new entrants all

setting up capacity to become

1

2010-2011 Present

Vertical Integration

Biel-Roshow 伯恩露笑蓝宝石

Lens 藍思科技

Sanrsquoan 三安光電

Iljin Display

hellip

Duplication of capacity

Anticipation of new applications

(Smartphone display covers)

DARX 达瑞祥光电科技

EGing 亿晶光电科技

Kingsun 内蒙古鑫晟光电科技有限公司


Lens 藍思科技

Aurora 奥瑞德hellip

Leaders with high

Utilization Rates

Monocrystal

Aurora 奥瑞德

hellip

No consolidation


2013-2015

8

IMPACT ON PRICES

Dramatic Price Decrease


6rdquo

4rdquo

2rdquo

9

SOME COMPANY RESIST BETTER THAN OTHERS


Some companies resist Others are tumbling

bull CAT victim of BIEL + LENS vertical integration of CE wafers

bull PSS focus pays off (for now)

bull Russia and Japan-based companies benefit from exchange rate

bull Cost control performance qualityhellip

銳捷

鑫晶

兆遠

晶美

10

TOO MANY PLAYERS RATIONALIZATION IS REQUIRED


Even leaders might be operating below cash cost strong balance

sheet (or access to capital) required to

survive in the storm

Some vertical integration

bull Finishing + PSS

bull LED makers

bull HC-Semitek + Crystaland

bull Sanrsquoan + CAT PSS operation

~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger

Strong focus on non-LED

non wafer applications

copy 2016

Sapphire Application Trends

12

SAPPHIRE FOR LED

Oversupply and strong

inventory in H2-2015 now

improving

103

131

Strong growth in general lighting

Massive adoption + upgrade cycle from

smart lighting

Moderate decrease in large displays

4K High Dynamic Range Wide Color

Gamut need more LED per TV + OLED TV

delay slow down the decline

Strong decline in small displays OLED


13

OPTICAL WAFERS CAMERA LENS COVERS

The HTC One M9

Sapphire camera lens

Huawei Honor 7 (华为)


2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14

EVOLUTION TOWARD DUAL CAMERAS


HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of

perception brightness

low light and color

performance

15

DUAL CAMERA IPHONE 7 COULD INCREASE SAPPHIRE USAGE


20 cm2 - 52 lenses

Previous iPhones

Circular lens covers extracted from 2rdquo wafers

36 cm2 - 28 lenses

iPhone 7

Oblong lenses from larger square wafers ()

16

OPTICAL WAFERS FINGERPRINT READER COVER

The Meizu MX4 Pro (魅族)

Fingerprint reader from Goodix with a

sapphire cover

2015

蓝宝石

All top line iPhone and

most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)

bull Apple has strong IP

very low adoption

outside Apple

bull New entry level 4rdquo

ldquoiPhone SErdquo

bull Fingerprint readers

will become as

popular as camera

phones


17

WILL APPLE (AND OTHERS) ELIMINATE THE HOME BUTTON

2015

Button for

fingerprint sensor

Fingerprint sensor is under the display or into

the display stack

2017 ndash 2018

Invisible Fingerprint Sensor (IFSTM) Capacitive

SonicTouch Ultrasound

Snapdragon Sensetrade ID Ultrasound

18



Iris recognition limited success in smartphones so far

(Makes sense in Laptops less in smartphones)

Fujitsursquos Arrows NX F-04G introduced in June 2015

features an iris scanner

19

SMARTWATCH VERY DISAPPOINTING (SO FARhellip)

bull Only ~10 of AppleWatches sold featured aSapphire display cover


Total 22m

Units

2015 Smartwatch Shipments

bull Only other major brandusing sapphire Huawei

bull But sapphire strong withhigh lowvolume highmargin models from theSwiss Industry (TissotTAGHeuerhellip)

bull Will new Apple Watchstimulate the market andoffer strong use case

华为 300k units

Apple 蓝宝石 15m Units

Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020

Bubble size represents

potential 2018 revenue

Watch

Windows

Semi

copy 2016

Display Covers

22

Will New Applications Emerge

Cover Glass or No Cover Glass


23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes

THE ROAD TO SAPPHIRE DISPLAY COVERS

Potential Stoppers

Higher cost

Manufacturability

Environmental footprint

Supply chain

24

APPLE 2013-2014 TENTATIVE SUPPLY CHAIN FOR gt 40 M UNITS YEAR

Total Investment gt US$15 billion Expected to operate at capacity from June 2014

Crystal Growth

ldquoBrickingrdquo Slicing Shaping Finishing Coating

2138 furnaces

262 kg boules

bull 180+ Multi Wire Saws

bull 1000rsquos of lapping grinding polishing tools

bull 100+ Laser cutting tools

bull hellip


25

APPLE 2013-2014 NO SAPPHIRE IN IPHONE 6

Crystal Growth


XSupply chain technology amp Apple not ready too early too fast too muchhellip

GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26

RECENT NEWS IS THERE STILL HOPE


2015

bull Apple stops collaboration with most sapphire companies

bull But Lens confirms plan for US$ 532m investment in sapphire capacity

bull Nov 25th GTAT sold 567 ASF furnaces to ldquoVast Billion Developmentrdquo

(浩億發展有限公司) for US$266m

2016

bull GTAT forecast 640 more ASF to sold over 3 years for a total of $26m

bull Remaining furnaces (~ 1170) to be scrapped

bull Biel-Roshow (伯恩露笑蓝宝石有限公司) acquires 1000 ASF ()

bull Aurora (奥瑞德) 10 in JV to install 2000 KY in Ordos in 2016 (5000 by 2018)

Massive adoption of

sapphire in display covers

now seems unlikelyhelliphellip but key players still

investing is there still hope

for 2017

27

APPLE STRATEGIC MOVE TO BROADER PRODUCT OFFERING

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone

3GSiPhone 4 iPhone 4S iPhone 5

iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C

Saturation of historic iPhone

segment Extension to entry level

since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus

Extend to ldquoPrordquo in 2016 and ldquoprestigerdquo categories in 2017

PrestigeiPhone

XXX

iPhone

7 Pro

28

HIGH END IPHONE WOULD BE GOOD CANDIDATE FOR SAPPHIRE


bull Sapphire anchors the product into the ldquoHighend Prestigiousrdquo phone category

bull Low volume easier on the sapphiresupply chain

bull High margin product better tolerance tohigh sapphire cost

2017

Premium

iPhone

With

Sapphire

Display

Cover

Wait for more signals in the supply chain through 2016hellip

copy 2016

Other Potential Applications

30

EMERGING APPLICATIONS IN DISPLAYS AND VIRTUAL REALITY


100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display

requirements for mobile

devices

4K TV (lt100 ppi) Smartphone 200 to 600 ppi Near Eye Displays VR ARhellip gt 2000 PPI

bull Low power consumption

bull High dynamic range

bull Wider color gamut

bull Fast response time

bull Wider viewing angles

bull Low cost

bull High pixel density (Pixel Per Inch)

31

MICROLED DISPLAYS


Thin Film Transistor

(TFT) backplane

microLED Chips

Challenges

bull Pixel ldquopick and placerdquo

position accuracy throughput

costhellip

bull Interconnects

bull Chip driving (GaN InGaAlP)

bull Low green LED efficiency

Benefits

bull High brightness


bull High Dynamic Range (contrast)

bull Wide color gamut

bull Curved flexible backplanes

bull Lifetime

bull Resolution Pixel density

Ostendo Microdisplay 5000 PPI

(picture Information Display)

Each pixel is an LED chip

(~ 10 microm or less area and pitch)

Illustration VerLASE

32

MICRODISPLAYS

Will it be about Apple again


bull In 2014 Apple acquired

Luxvue a MicroLED display

Startup which had received

US$43m in VC funding

bull Many more players in the field

bull No commercial products yet

bull Limited to small displays (cost)

33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens

bull Sapphire industry in crisis

bull LED to remains the single largest application in

foreseeable future

bull Market for fingerprint + camera lens covers now mostly

captive (Biel + Lens)

bull Little hope left for display cover applicationshellip but not

gone completely some companies still investing

bull Many sapphire companies disappearing but some still

striving and increasing capacity To survive

bull Best cost position (yields product mix energyhellip)

bull Vertical integration or focus on PSS

bull Recognized quality and consistency + service

bull Strong balance sheet access to capital to operate below cash

cost until market is rationalized

bull More applications could emerge


34

THANK YOU

谢谢

Contact vireyyolefr


Submit your abstract

2copy2016 | wwwyolefr | About Yole Deacuteveloppement

MEMS amp

Sensors

OLED and

Displays

Compound

Semi - LED

Imaging Photonics

MedTech

Manufacturing

Advanced Packaging

Batteries Energy

Management

Power

Electronics

FIELDS OF EXPERTISE

Yole Deacuteveloppementrsquos 30 analysts operate in the following areas

3


Market

technology and

strategy

consulting

wwwyolefr

MampA operations

Due diligences

wwwyolefinancecom


wwwbmorphocom




wwwsystemplusfr

IP analysis

Patent assessment

wwwknowmadefr

copy 2016


5



LEDs



LEDOptical Wafers

Smartwatch

Cover Glass


Cell Phone

Cover Glass

HuaweiKyocera

SOS

6









3x

22x

18x



7






1

2010-2011 Present



Lens 藍思科技


Iljin Display

hellip








Lens 藍思科技


Leaders with high

Utilization Rates

Monocrystal

Aurora 奥瑞德

hellip

No consolidation


2013-2015

8

IMPACT ON PRICES



6rdquo

4rdquo

2rdquo

9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



3


Market

technology and

strategy

consulting

wwwyolefr

MampA operations

Due diligences

wwwyolefinancecom


wwwbmorphocom




wwwsystemplusfr

IP analysis

Patent assessment

wwwknowmadefr

copy 2016


5



LEDs



LEDOptical Wafers

Smartwatch

Cover Glass


Cell Phone

Cover Glass

HuaweiKyocera

SOS

6









3x

22x

18x



7






1

2010-2011 Present



Lens 藍思科技


Iljin Display

hellip








Lens 藍思科技


Leaders with high

Utilization Rates

Monocrystal

Aurora 奥瑞德

hellip

No consolidation


2013-2015

8

IMPACT ON PRICES



6rdquo

4rdquo

2rdquo

9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



copy 2016


5



LEDs



LEDOptical Wafers

Smartwatch

Cover Glass


Cell Phone

Cover Glass

HuaweiKyocera

SOS

6









3x

22x

18x



7






1

2010-2011 Present



Lens 藍思科技


Iljin Display

hellip








Lens 藍思科技


Leaders with high

Utilization Rates

Monocrystal

Aurora 奥瑞德

hellip

No consolidation


2013-2015

8

IMPACT ON PRICES



6rdquo

4rdquo

2rdquo

9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



5



LEDs



LEDOptical Wafers

Smartwatch

Cover Glass


Cell Phone

Cover Glass

HuaweiKyocera

SOS

6









3x

22x

18x



7






1

2010-2011 Present



Lens 藍思科技


Iljin Display

hellip








Lens 藍思科技


Leaders with high

Utilization Rates

Monocrystal

Aurora 奥瑞德

hellip

No consolidation


2013-2015

8

IMPACT ON PRICES



6rdquo

4rdquo

2rdquo

9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



6









3x

22x

18x



7






1

2010-2011 Present



Lens 藍思科技


Iljin Display

hellip








Lens 藍思科技


Leaders with high

Utilization Rates

Monocrystal

Aurora 奥瑞德

hellip

No consolidation


2013-2015

8

IMPACT ON PRICES



6rdquo

4rdquo

2rdquo

9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



7






1

2010-2011 Present



Lens 藍思科技


Iljin Display

hellip








Lens 藍思科技


Leaders with high

Utilization Rates

Monocrystal

Aurora 奥瑞德

hellip

No consolidation


2013-2015

8

IMPACT ON PRICES



6rdquo

4rdquo

2rdquo

9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



8

IMPACT ON PRICES



6rdquo

4rdquo

2rdquo

9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



9








銳捷

鑫晶

兆遠

晶美

10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



10








bull LED makers



~ OK

(Revenue)

Gone

And many

more

Q1-2016 Status

Danger



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



copy 2016


12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



12

SAPPHIRE FOR LED



improving

103

131



smart lighting







13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



13


The HTC One M9




2015 2015

蓝宝石

蓝宝石

Sapphire is not a

strong

differentiator

But cost

decreasing

Now lt US$050

Accelerate

adoption


14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



14



HTC M8

(2014)

HTC Butterfly

2 (2014)

Huawei Honor

6+ (2014)

HTC M9+

(2015)

ZTE Axon

(2015)

Huawei

P9 (2016)

iPhone 7

7Pro

2016

Artist

Rendition

Dual Camera

Improves depth of


low light and color

performance

15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



15



20 cm2 - 52 lenses

Previous iPhones


36 cm2 - 28 lenses

iPhone 7


16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



16




sapphire cover

2015

蓝宝石


most iPad now have

fingerprint readers

蓝宝石

bull Sapphire is

expensive (~$19)


very low adoption

outside Apple


ldquoiPhone SErdquo


will become as

popular as camera

phones


17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



17


2015

Button for

fingerprint sensor


the display stack

2017 ndash 2018




18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



18







19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



19




Total 22m

Units





华为 300k units


Others

华为 300k units

20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



20

OTHER APPLICATIONS


Smartphone

Display

Covers

Lens

FPR

Covers

Defense

amp Aero

POS

Others

Growth

Potential

Barriers to

Entry

Low

Low

High

High9020



Watch

Windows

Semi

copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



copy 2016

Display Covers

22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



22




23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



23

Drivers for

adoption

Superior scratch

resistance

Dielectric constant

Prestige appeal

Differentiation

Uncertain

Factors

Breakage

resistance

Weight

Reflectance

Unknown attributes


Potential Stoppers

Higher cost

Manufacturability


Supply chain

24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



24



Crystal Growth


2138 furnaces

262 kg boules




bull hellip


25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



25


Crystal Growth



GTAT Bankruptcy

2138 furnaces

262 kg boules




bull hellip


26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



26



2015





2016





Massive adoption of




for 2017

27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



27


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Entry

Level

High

End

iPhone iPhone

3G

iPhone


iPhone 5S

iPhone

7

iPhone

7 Plus

iPhone

SE

2017


iPhone 5C

iPhone 5S

iPhone 5C



since 2013

iPhone

7SiPhone

7S +

iPhone

XX

iPhone

XX

iPhone 6

iPhone

6 Plus

iPhone 6S

iPhone

6S Plus


PrestigeiPhone

XXX

iPhone

7 Pro

28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



28






2017

Premium

iPhone

With

Sapphire

Display

Cover


copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



copy 2016


30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



30



100 PPI 200 PPI 600 PPI 2000 PPI

Increasing display


devices







bull Low cost


31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



31

MICROLED DISPLAYS



(TFT) backplane

microLED Chips

Challenges



costhellip

bull Interconnects



Benefits






bull Lifetime







32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



32

MICRODISPLAYS










33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



33

CONCLUSIONS

Apple

LED

Wafers

New

Applications

Consumer

Markets

Lens

covers

Biel

Lens



foreseeable future














34

THANK YOU

谢谢

Contact vireyyolefr



34

THANK YOU

谢谢

Contact vireyyolefr



status of the sapphire industry. - semi.org.cn · kyocera huawei sos. 6 sapphire supply and demand...

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