The BOD meeting of Sino Sapphire Co., Ltd., the subsidiary of SAS, resolves the record date with Crystalwise Technology Inc. to be January 1st, 2013. Crystalwise will be the surviving company with paid-in capital NTD$ 1.68 billion; shareswap ratio is 1.8967 (Sino Sapphire to Crystalwise); SAS will possess 43% shareholding of new Crystalwise and become the largest legal entity.

The merger combines resources of both Sino Sapphire & Crystalwise via integration of production line and technologies. With enthusiastic devotion in sapphire, Sino Sapphire has acquired valuable experiences, and will authorize s to Crystalwise targeting PSS and crystal growth, with Crystalwise’s wafering technology, R&D advantages will amplify and surpass rivals.

Total capacity of both side will achieve 0.81 million (PS) and 0.4 million (PSS) by yearend, occupying the largest amount in capacity and market share, and aiming millions substrates production per month New Crystalwise will elevate its competitiveness and market share in order to create greater profits for shareholders and employees.