SUMCOSilicon United Manufacturing Corporation (est. 1999; Japan)
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Formosa SUMCO executives pointed out that the company would support the parent company with all-out efforts.
8 December 2010 - JCR downgraded Wednesday to A from A+ the rating on the senior debts of Japanese silicon wafer maker Sumco Corp (TYO:3436) and to preliminary A from preliminary A+ the rating on its shelf registration.
The 300 megawatts corresponds to the power produced by solar power generation at 100,000 households, according to SUMCO.
Norwegian solar technology group Renewable Energy Corporation ASA (REC) said on Wednesday (21 March) that it has secured a long-term contract for polysilicon from SUMCO TECHXIV Corporation (formerly Komatsu Electronic Metals), a subsidiary of SUMCO Corporation.
The company is expected to fall into a net loss for fiscal 2009 due to the recording of equity in loss of affiliated companies resulting from poor performance of SUMCO, in addition to the weak demand for the four core businesses in general despite recovery of non-ferrous metal market and progress in its cost reductions.
counterparts including Intel Corp., which lowered its third-quarter earnings forecasts late last week, with SUMCO dropping 6.9 percent to 541 yen.
and Sumco Corp., currently the world's top two suppliers of raw silicon wafers based in Japan, have remained unable to resume production since the devastating March 11 earthquake, escalating fears among chip vendors that supplies of the wafers would run short before the two wafer suppliers resume production.
Formosa Sumco Technology Corporation will benefit greatly from the serious damage of Shin-Etsu's production line for epitaxy, which boasts 25% global market share.
Sumco, formed by the integration of silicon wafer divisions at Sumitomo Metal Industries Ltd.
Many clients have resorted to Formosa Sumco Technology Corp., for the supply of silicon wafers, as Shin-Etsu Chemical and Sumco, two leading silicon-wafer suppliers, have been unable to maintain normal shipment.
Production of SUMCO, the world's leading silicon wafer supplier, has been partially suspended, possibly leading to scrambling for the key material among semiconductor firms worldwide.
Taipei, March 16, 2011 (CENS) -- Formosa Sumco Technology Corp.