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Recent comments made by SolarWorld's Frank Asbeck claiming that the Chinese solar companies are selling their wares at dumping prices, driving others out of the market has created some ripples, with Suntech refuting the comment. And amidst the continuing growth in China, some US companies are seeing a slump, post-Solyndra meltdown.
PV Magazine
SunEdison's 53.5MW multi-site solar PV project in New Mexico looks set for completion by the end of this year, and has been buoyed by the news that it has secured financing of over US$200 million from financier Wells Fargo.
PV-Tech
Executives of the failed solar- panel maker Solyndra LLC are refusing to answer questions at a congressional hearing today, a sign that the first serious financial scandal of the Obama administration has arrived.
Bloomberg
TI will include National's contribution to financial performance in the company's third-quarter earnings announcement on October 24. TI's Analog semiconductor business now represents more than 50% of the company's revenues.
Company release
Micron Technology has introduced a new version of its RealSSD C400 series featuring self encryption for unmatched data security.
Company release
The reduction in expected revenue and profitability for the third quarter is primarily the result of reduced demand from the company's largest customer, weakness in the communications infrastructure market and softening demand from the China market.
Company release
Combining thermal protection feature that contributes to the lifetime of LEDs with flexibility in output current range from 350mA up to multiple amperes, the new drivers are cost-effective solutions for the design of highly-efficient indoor and outdoor lighting.
Company release
Semiconductor Today
Sales are now expected to decline 7% to 10% sequentially. This is a revision from previous guidance that called for sales to be up 1% to down 3% sequentially.
Company release
Samsung LED announced on September 20 that its mid-power 2323 LED package has now exceeded 6,000 hours of independent, EPA recognized 3rd party IES LM80 testing and the company is now able to provide LM80 test data upon request.
Marketwatch.com (Dow Jones)
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/e43569d4-e30f-11e0-bb55-00144feabdc0.html#ixzz1YYPv5fmw The US solar power industry employs more than 100,000 people, twice as many as it did two years ago and more than the steel industry or coal mining, the industry's trade group has said.
The Financial Times
Solar Frontier will be starting to put its Kunitomi plant to serious work as it recently closed a deal to supply over 30MW of its CIS solar modules to solar projects in India by the end of 2011.
PV-Tech
The general market slowdown in lighting is affecting companies in all parts of the supply chain, delaying Siemens' intended initial public offering of Osram, while public companies take a hit in the stock market.
LEDs Magazine
The South Korean shipbuilding and shipping group dropped out amid global economic uncertainties and concerns over investments needed to keep the chipmaker competitive, STX said in a statement.
Bloomberg (via Businessweek)
While many experts have expressed doubts about the ability of flash memory to scale and indicated the need for an alternative non-volatile memory technology, Hynix has just gone ahead and produced a 15nm NAND flash memory cell which it plans to unveil at this year's International Electron Devices Meeting (IEDM).
EE Times
SMA Solar Technology AG, the world's biggest maker of solar inverters, slashed full-year targets only days after its chief executive called the outlook challenging, confirming fears the industry bellwether was not immune to falling demand.
Reuters
San Francisco Chronicle
Developers installed 69% more US solar power capacity in the second quarter than a year earlier, led by commercial and government projects.
Bloomberg
Such technology could be useful in power-sucking data centers and handheld devices with limited batter life, such as smartphone sand tablets, obviously. It could also be used for processors that don't rely on electricity from the grid, according to Intel, scavenging power from light and motion in the environment around them.
Forbes
GCT Semiconductor, a maker of mobile chips used in smartphones, wireless routers and other devices, plans to raise up to US$100 million in an initial public offering, according to documents filed on September 15.
Business Week
"It's not about how many cores or how many gigabytes, it's how well you can optimise the system," said Qualcomm CEO Paul Jacobs... Was that a crack at Google's Android OS?
Tom's Hardware Guide
Infineon Technologies, flush with as much as US$3 billion in cash for acquisitions, is struggling to find an attractive target that would boost its most profitable business, power semiconductors.
Bloomberg (via Businessweek)
With European Union officials making efforts to reduce electricity consumption and to eliminate traditional, inefficient incandescent light bulbs by 2012, European LED chip and luminaire maker Optogan says that it has entered a new market for solid-state lighting (SSL) luminaires in Romania.
Semiconductor Today
China's solar power firms are emerging as the industry's dominant force after the collapse of foreign competitors, but the new market leaders are already struggling with low prices and overcapacity.
AFP
The beauty of these system-on-chip architectures is that they can be placed in very tight spaces. This obviously impacts case designs.
PC World
Maxim Integrated Products has unveiled several organization changes to better serve its customers.
Company release
STMicroelectronics is closing one of its semiconductor R&D groups in Longmont, Colo., and laying off 44 people, according to a report by a Colorado newspaper.
EE Times
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