MUNICH, Germany Semiconductor equipment providers Tokyo Electron (Japan) and Oerlikon Solar (Switzerland) have announced a sales cooperation for photovoltaic equipment. The move aims at improving Oerlikon's market position in the Far East.
The cooperation enables Tokyo Electron Ltd. (TEL) to tap the booming market for solar equipment in Asia by offering production equipment for thin film silicon photovoltaic modules. TEL hopes to release synergies in that it already disposes of significant support capacities for semiconductor manufacturing equipment, said Tokyo Electron CEO Terry Higashi.
Under the terms of the agreement, TEL will exclusively resell Oerlikon thin-film PV manufacturing equipment in the Far East. In addition, the Swiss company also provides support for installation, ramp-up and troubleshooting.
Oerlikon said it expects an average market growth of 60 percent through 2012 for thin-film PV modules, more than twice the growth for conventional crystalline PV modules. Recent commitments from the Japanese government to reduce green house gases by 60 to 80 percent in the time frame through 2050 would give the market an additional boost.
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