UPDATE ON SAPPHIRE SUPPLIER RUBICON, IPHONE 6 AHEAD $RBCN $GTAT $AAPL #SAPPHIRE
This post was just published on ZYX Buy Change Alert. The dip in RBCN is a buying opportunity in the speculative category. Please notice the word ‘temporarily’ in the company’s statement. The company said, “We expect continued progress in growing the wafer business in the third quarter with additional volumes in both polished and PSS wafers. However, we are seeing very limited demand for two-inch core in the third quarter as our polishing customers currently have excess inventory. In addition, we believe that recent capacity additions in the sapphire market, which are primarily targeted at the developing mobile device market, are