The 2-inch sapphire crystal has fallen from $30 in Q1 to $15 in July, and the gross profit has shrunk dramatically. The peak Q2 is still profitable, indicating that its crystal rod quality and yield are also quite competitive.
Yuefeng pointed out that the price of Q3 crystal sticks continued to drop, and the profit of sapphire crystal sticks remained bearish. According to the latest offer in September, the price of Changjing has no double-digit market, and it has fallen to single digits. The price is at the same level as the cost price, so it is more important to manage costs and improve yield.
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