Taiwanese cell manufacturer Neo Solar Power has announced Quincy Lin will no longer serve as CEO, but has been approved as Chief Strategy Officer, effective 1 January 2013.

Lin nominated Dr. Sam Hong to succeed as CEO of the company, responsible for daily operations as well as Andy Shen as President.

In his role as CSO, Lin will be responsible for the planning, deployment and implementation of corporate strategies and the most effective allocation of corporate resources.

The company states that NSP has achieved break-even operation. In three years its revenues reached NT$10 billion (US$300 million).

Dr. Hong has more than 30 years of experience in the PV industry having served as Research Division Director of Photovoltaic Solar Energy Division at Industry Technology Research Institute (ITRI). In addition, Dr. Hong is Chairman of the Taiwan Photovoltaic Industry Association.

The company attributes its R & D advancements to Dr. Hong, when NSP’s polycrystalline Super18 solar cell and mono-crystalline Black19+ with a maximum efficiency of 19.4%, were showcased at EU PVSEC in October.

Shen is currently Senior Vice President of NSP Worldwide Sales and Marketing. Previously he served as Senior Director at TSMC, a semiconductor manufacturing company and Managing Director of TSMC-Europe. He has more than 25 years of experience in semiconductor engineering, sales and marketing.

Earlier this week, NSP announced the acquisition of a 15% stake of DelSolar. NSP has said it will be the surviving entity and remain the same company name post the merger.