Han's Laser Denies Sapphire Laser Cutting Machine Wins Apple's $20 Million Order

In response to today’s rumors that Han's Laser obtained an order for Apple’s first batch of sapphire laser cutting machines worth about US$20 million, the reporter called Han’s Laser Office of Dong Secretary. The staff denied receiving the order and said: “The sapphire cutting machine of Han's laser was used in consumer electronics in the first quarter. Fields have received orders, but the scale has not yet reached the disclosure requirements.” But the staff did not directly respond to the receipt of Apple Sapphire cutting machine orders in the first quarter.

According to the company’s report, operating income was 4.366 billion yuan last year and operating profit was 501 million yuan, a year-on-year decrease of 18.87%. Net profit attributable to shareholders of listed companies decreased by 7.16%. The main reason for the market was that sales of the company's high-margin low-power products decreased year-on-year. When asked if it was affected by the decline in Apple's business, the directorate staff did not show it, but acknowledged that Apple and Han's laser cooperation mainly focused on low-power cutting products.

According to analysis by China Merchants Securities [Weibo] research report, the sales of the Apple business of Han's Laser dropped to 7-8 billion yuan in 2013, but in 2014, Apple Capital’s initial budget will reach US$11 billion, an increase of 57% over the same period of last year, and will also make Apple Han's laser has higher speed in marking, cutting and welding.