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Ontario's Minister of Energy, Brad Duguid, was on site as Eclipsall Energy opened the doors of its solar PV panel manufacturing facility in Toronto, Canada. Full production is expected to occur later this summer at the 120,000 square foot facility, which accommodates all of Eclipsall's operations and has room for expansion.
PV-Tech
Two China Sunergy subsidiaries are investing RMB1.8 billion (US$277 million) in a new 1GW solar cell manufacturing facility in Yangzhou, China. The joint venture will concentrate on the production of China Sunergy's newly-developed Quasar cells, with the first 500MW batch set to be delivered in the first half of 2012.
PV-Tech
3M has announced the opening of the company's application laboratory in Yangmei, Taiwan, for 200mm and 300mm temporary wafer bonding. The addition expands 3M's existing wafer support applications labs in Japan and the US to meet customer demand.
Company release
LDK Solar Co., Ltd., a leading vertically integrated manufacturer of photovoltaic products, today announced that its Board of Directors approved a share buyback program that authorizes LDK Solar to repurchase up to US$110 million of its American Depository Shares ("ADSs") in the open market or through privately negotiated transactions. The program does not obligate LDK Solar to acquire any particular amount of its ADSs and may be modified or suspended at any time at the sole discretion of LDK Solar.
PR Newswire
Soaring silver prices are hampering the solar industry's ability to compete with fossil fuels.
Bloomberg
Britain's biggest array of solar panels has begun generating in Oxfordshire. The first large ground system to feed into the national grid will benefit from the tariff scheme paying a premium for supplying clean electricity.
The Guardian
The government also added that it is in the process of developing a policy to give preference to domestically-produced electronics goods in purchases by the government and government-linked projects.
NASDAQ.com
Micron executives' comments about limited visibility of consumer PC demand and higher-than-ideal inventories of DRAM chips sparked a Friday sell-off in stocks linked to personal computers.
Reuters
Micron Technology has announced net profits for the quarter ended June 2 were US$75 million, down from the US$939 million posted a year ago.
Company release
Solar is one of the power sources the government of the world's third-largest economy is focusing on after the March earthquake and tsunami shattered Tokyo's nuclear-dependent energy policy.
Reuters
Imagination Technologies, which designs microchips used in Apple's iPad and iPhone, has doubled its forecast for chip shipments. By 2016, the company expects more than 1bn will be shipped a year, up from a previous forecast of 500m.
The Financial Times
Toshiba has announced that it will realign its storage products businesses in a unified organization by merging its Semiconductor Company and Storage Products Company in a new in-house company on July 1.
Company release
Rambus played dirty in the market for PC memory chips and blames its competitors for the consequences of its own failed technology, lawyers for Hynix Semiconductor and Micron Technology said in court.
Reuters
IM Flash Technologies, the NAND flash memory joint venture between Intel and Micron Technology, is expanding its operations in Lehi, Utah, and adding 200 jobs, according to a statement issued Monday (June 20) by Utah's Governor and the state's economic development office.
EE Times
Yingli Green Energy Holding Co., one of China's biggest solar equipment makers, said it is prepared for an industry-wide capacity glut and that its narrowing profit margins are good for consumers.
Bloomberg
Solar panel maker Suntech Power Holdings Co. expects to double its market share in Japan to at least 10 percent in 2012, helped by the expected adoption of a feed-in-tariff scheme, the head of its Japan business said on Tuesday.
Reuters
Management changes recently announced at Globalfoundries are related to problems with 32nm chip yield and the slowness of creating a foundry-like operation at Globalfoundries' Dresden facility in Germany, according to analysts at Nomura Equity Research.
EE Times
Spansion and Samsung Electronics have agreed to settle all ongoing patent litigation and disputes, including their respective investigations with the US International Trade Commission.
Company release
LG Electronics (LG) today announced that it has implemented one of the world's biggest installations of LED lighting technology in its Twin Towers headquarters buildings in the Korean capital, Seoul.
BusinessIntelligence Middle East
Californian Governor Jerry Brown, U.S. Secretary of the Interior Ken Salazar and the Mayor of Blythe Joseph DeConnick have taken part in a ground breaking ceremony at the site of two vast solar-thermal power plants in Blythe, California.
PV Magazine
A recent report into the silicon and ferrosilicon markets has found rebounding prices as demand for solar grade polysilicon continues to grow. The report also finds higher profit margins in photovoltaic industry supply than silicon production for other industries.
PV Magazine
Texas Instruments has agreed to license two patents from Eolas Technologies, which two years ago sued more than 20 companies for alleged patent infringement including TI, Google, Yahoo, Apple and Amazon.com.
PC World
Marvell Technology's CFO said Friday the company is providing chips for some of Research In Motion's (RIM) next-generation BlackBerrys, adding that the handset maker's latest struggles won't hurt Marvell more than previously projected in the near term.
Wall Street Journal
Code-named Lyndonville, the 710 will be available in 100GB, 200GB, and 300GB capacities, and use MLC NAND flash storage. The 720 Series, or Ramsdale, will be the first Intel SSD line to use PCI Express (at least a PCIe x8 slot) as the interface instead of SATA...
ZDNet
TSMC could make its first 3D chips commercially available before the end of 2011, according to a person close to the situation who requested anonymity.
PC World
Marketwatch.com (Dow Jones)
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