Amtech sell SoLayTec almost out of the solar industry

Solar photovoltaic (pv) net news: the headquarters is located in Arizona's equipment manufacturer in China last year, the company's poor sales record opt-out photovoltaic market, efforts to improve business performance. With the most industry giant desire to rediscover expansion opportunities, seems to be a difficult to understand the strategy.

　　“ Enterprises need a lot of investment to effectively compete in the rapidly changing solar industry, & throughout; JS Whang AmtechSystems boss had said on April 3rd, & other; Therefore, we conclude that Tempress and SoLayTec under new ownership opportunities to better use of solar energy industry. ”

as chairman and chief executive, he confirmed that began last November Amtech operation results of the review, and announced that it would change the key & ndash; — Business will sell the two solar subsidiary of Arizona and focus on semiconductor and polishing of silicon carbide and LED.

Friday's news is that Amtech finishing selling SoLayTec atomic layer deposition ( ALD) Business, from solar energy business.

news did not mention a very brief investors such as buyer's identity or deal worth any further details, such as shareholders need to wait until the third quarter, or even later year-end.

but Whang can give guarantee & ndash; — Another solar oriented business Tempress also need to be handled immediately.

　　“ We hired in the Netherlands Oaklins SmallCap Adivsory BV for Tempress Holding BV stripping provides consulting, & throughout; The Amtech, revealed in the latest news on Friday, the head of the & other; Today, we are glad to see Oaklins is actively carry out a dialogue with private equity funds and strategic buyers. ”

despite the lack of more details, but shareholders may be because since late march, be deemed to have stopped production of the two companies now movement and relieved.

according to the latest news, from selling SoLayTec Amtech this quarter is expected to benefit, and see the defunct business losses will be caused by the decline in the last three months of this year.

only in September last year, ALD affiliate Tempress announced its efficient n type solar cell production equipment is a big customer order of more than $600. It is reported that in May last year China's 5 & middot; Shortly after the policy was a major orders revoked ( Is probably the order) , China's solar market turmoil and Amtech board seems to be the last straw.

now due to China's efficient production equipment orders and are eager to exit the solar, Amtech took the opposite approach with most big Chinese manufacturers. These manufacturers are now out of a few months to domestic policy uncertainty, and expanded the production to meet the expected global solar gold rush.

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