LDK Solar expands into Sapphire wafer business
April 08, 2011 // Julien Happich
Manufacturer of multicrystalline solar wafers and PV products LDK Solar announced a business investment of approximately USD40 million to establish a new manufacturing plant in Nanchang City, Jiangxi Province.
This new manufacturing facility will have capacity to supply two million two-inch equivalent pieces of sapphire wafers per year and be positioned to capture the growing opportunities in the LED industry.
"We are very pleased to expand our wafer manufacturing to Nanchang City, Jiangxi Province," stated Xiaofeng Peng, Chairman and CEO of LDK Solar.
"We believe this new investment in manufacturing sapphire wafers has a great synergy with LDK Solar's crystallization and wafer engineering and manufacturing expertise, and will enhance LDK Solar's product offerings.
Visit LDK Solar at www.ldksolar.com
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