Meyer Burger with strategic important order from Monocrystal – a worldwide leading manufacturer of sapphire crystals and wafers in optoelectronics.
MB Wafertec, a group member of the Meyer Burger Group, successfully concluded an important order of approximately CHF 4.5 million (approx. USD 5.12 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.”
About Meyer Burger Technology Ltd
Meyer Burger is one of the world’s leading providers of innovative systems and production lines for photovoltaics in the solar industry, and for the semiconductor and optics industries. Highly efficient wafers made from silicon, sapphire or other crystals are required in these three markets to manufacture solar modules, switching circuits or high-performance LEDs. The group’s core competences encompass a broad range of machines, production processes and systems that are used for the production of high quality wafers, for the inspection and measurement of solar cells, for laminating, soldering and testing of solar modules and for building-integrated solar systems. Meyer Burger Group covers the most important technology steps in the value chain of photovoltaics with its products and solutions portfolio. The Group’s comprehensive range of products includes a worldwide service network with wear and tear parts, consumables, re-grooving services, process know-how, servicing, after-sales service, training and other services. As a globally active company, the Group is represented in Europe, Asia and North America in the respective key markets and has over 1,200 employees as of year-end 2010.
Meyer Burger has its headquarters and the production facility of MB Wafertec (Meyer Burger Ltd) in Switzerland, while the group companies, Meyer Burger Automation GmbH, Hennecke Systems GmbH and AMB Apparate + Maschinenbau GmbH have their headquarters and production facilities in Germany. Diamond Materials Tech, Inc. has its headquarters in Colorado Springs, CO, USA. The production facilities of 3S Modultec, 3S Photovoltaics and Pasan are also located in Switzerland, while Somont is located in Germany. Meyer Burger Group has also subsidiaries and own service centres in Germany, Norway, Spain, USA, China, Japan, Singapore, South Korea, Taiwan and India. In other important markets, the company relies on selected independent agents. The registered shares of Meyer Burger Technology Ltd are listed on SIX Swiss Exchange (Ticker: MBTN).
About Monocrystal (www.monocrystal.com)
Monocrystal is a leading supplier of sapphire products for LED and metallization pastes for solar industry. The company’s product portfolio includes large diameter sapphire substrates for LED and RFIC applications and screen printing pastes for silicon wafer based solar cells, including lead-free pastes. The company exports more than 95% percent of its products to more than 25 countries worldwide.