EDN, November 2; Esther Lam, DIGITIMES [Friday 2 November 2007]
San Chih Semiconductor, a 87%-owned subsidiary of the Tatung Group, has been cited by a Chinese-language Economic Daily News (END) report announcing its plans to establish a solar ingot production site in China.
General manager at San Chih, DL Li, was cited by the paper as saying that the company plans to establish the site along with China-based companies. Initial investment is set at US$25 million. He added in saying that San Chih will hold a 30% stake at the subsidiary and noted that the plan should help strengthen the company's vertical integration with its subsidiary, Green Energy Technology.
Earlier this year Forward Electronics, another Tatung subsidiary, also announced its plan to establish a solar cell production plant in China.
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