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Announcement Investements

Stadskanaal, CrystalQ Group B.V. announces today having received investments of € 4,6 million euro from current shareholders.
CrystalQ Group B.V., based in Stadskanaal on the former Philips premises, is specialized in the preparation of the base material for the production of LED’s en semiconductors. . The company prepares sapphire crystal wafers and polishes these to high quality wafers for the fast growing LED industry. This round of investments will support CrystalQ entering into the growing of large sapphire crystals. Its customer base consists of leading LED and SOS manufacturers.

The proceeds will be used to expand CrystalQ’s manufacturing base and will fuel the ambition of CrystalQ to become one of the global players  in supplying sapphire wafers to its customers.

Demand for white LED’s increases rapidly through higher penetration in current applications (mobile phones, flat television screens) and moving into applications like automotive and general light sources. The LED market is growing fast because of LED’s low energy usage (10 times lower than conventional light sources), the long lifetime and the high reliability. The sapphire based semiconductors have their application in mobile phones and all kinds of professional communication equipment.

 
 

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