SC GaAs bulk substrates demand from the PV industry has potential growth rate of 79% by 2013

Demand
for SC GaAs bulk substrates from the photovoltaic industry has the
potential to grow at a rate of 79% by 2013, representing over 20% of
demand, according to the latest analysis from Strategy Analytics. LEDs
currently represent the largest section of the market, with 39% of
demand. Overall market demand will grow at a rate of 7% in the same period.

“Mitsubishi Chemical, Sumitomo Electric Industries and Hitachi Cable are the market leaders,” noted Asif Anwar, Director of Strategy Analytics’ GaAs service. “Collectively, the Japanese leaders accounted for over 64 percent of the total market. Other significant suppliers in 2007 in rank order included AXT, Dowa, Freiberger Compound Materials and Neosemitech.”