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AU Optronics to Purchase Majority Shares in M.Setek
Jun 29, 2009 15:06
Nikkei Electronics Asia
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AU Optronics Corp (AUO) has announced plans to invest US$125 million in taking a majority shareholding of M.Setek, in order to secure key materials in the solar industry and strengthen its strategic position in the energy business.

M.Setek is a major polysilicon and monocrystal silicon wafer manufacturer in Japan; its technology realizes a high conversion rate of monocrystal silicon wafers for solar cells.

"This will mark a major step forward for AUO's endeavor in the energy business," said K Y Lee, chairman of AUO. "We are very much looking forward to collaborating with M.Setek, jointly bringing greater inputs to solar energy sources and providing better renewable energy solutions."

The company established an energy company called AUO Energy Taiwan Corp (AET) in May 2009, which is dedicated to providing integrated technical support in energy systems. AET will provide more extensive value-added services in the future, including installation of energy system fueled by solar or other renewable energies for power plants, industrial facilities, commercial buildings and households.
 
aus der Diskussion: AU Optronics übernimmt Waferhersteller M.Setek
Autor (Datum des Eintrages): R-BgO  (29.06.09 10:02:53)
Beitrag: 5 von 58 (ID:37484212)
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