multicrystalline solar wafer supply contract with Neo Solar Power
Corp., a subsidiary of Taiwan-based semiconductor foundry UMC.
Multicrystalline wafer deliveries are expected to start in 2009.
“We are excited to further develop our working
relationship with LDK,” commented Dr. Quincy Lin, Vice Chairman and CEO
of NSP. “As NSP continues to grow, establishing longer term silicon
supply agreements is important to the company, and we are pleased to
work with LDK Solar, an industry leader.”
LDK will receive a cash deposit from NSP and pricing will be fixed for the entire contract period.