MB Wafertec a group member of the Meyer Burger Group successfully concluded an important order of approximately CHF 4.5 million with Monocrystal, Russia, a long-standing partner and worldwide leading technology company in the industry of optoelectronics. Monocrystal will receive high precision wire saws equipped with diamond wire technology for the slicing of synthetic sapphire into high performing wafers. Those wafers will be processed for the manufacturing of light-emitting diodes (LEDs). The shipment of the wire saws will be completed in the 3rd quarter of 2011.
Meyer Burger Technology Ltd [Ticker: MBTN] announced today, that the group member MB Wafertec, Thun – the specialist for systems and technologies in the cutting and processing of hard and brittle materials including silicon, sapphire and other valuable crystals – concluded a strategic important contract of around CHF 4.5 million with Monocrystal from Russia, a worldwide leading manufacturer of synthetic sapphire for high-tech applications in the industry of optoelectronics.
For MB Wafertec, this order represents a great success and is a confirmation of the long-standing business partnership with Monocrystal in the development of compatible and integrated system- and process-technologies for the slicing of synthetic and valuable sapphire with wire saws equipped with diamond wire for the industry of optoelectronics. The resulting valuable and high quality sapphire wafers are then processed for the manufacturing of light-emitting diodes, so called LEDs. LED’s are found in modern, high definition TV panels, LCD displays, road signalisation, mobile phone displays as well as in all energy saving and energy efficient lighting equipment for the future.
“We are very happy, to continue our support and further close collaboration with Monocrystal, a leading company in this industry, with our high precision wire saws and our expertise in the technology- and process-knowhow”, stated Peter Pauli, CEO of Meyer Burger Technology Ltd.
Thanks to the competent and reliable service support in combination with the optimized slicing-equipment and -technology for the specific needs of Monocrystal, MB Wafertec was able to secure a clear competitive advantage. The CEO of Monocrystal, Oleg Kachalov is convinced that they have selected the right business partner with Meyer Burger: “We strive for lower manufacturing costs along the entire value-chain while strengthening and expanding our technology leadership in optoelectronics. With Meyer Burger, we have a partner who is able to meet our requirements and optimally support our objectives for the future, and who is doing this with great dedication and commitment.”
