Motech Industries Inc (
Sales for last month rose to NT$1.41 billion (US$43.1 million), an increase of 98.97 percent compared with the same month last year and 1.77 percent higher than in August, the company said in a filing to the Taiwan Stock Exchange yesterday.
For the first nine months of the year, sales jumped by 121.39 percent from the same period a year ago to NT$11.12 billion, the company said.
"The uptrend will continue through the end of this year," Motech said in the filing.
Motech said last Wednesday that it had signed a 10-year supply contract for polycrystalline silicon with Wacker Chemie AG at NT$1.84 billion.
The German silicon manufacturer will start supplying the raw material for solar cells from 2009, Motech said.
Solar cell manufacturers have been scrambling to secure polycrystalline silicon supplies amid a shortage in the industry.
Motech also announced last Wednesday that it would invest NT$300 million in establishing an automatic logistics center and a research center in Tainan Science Park (
It said that it would build a facility in the US state of Colorado to develop mass production technology of second-generation amorphous silicon solar cells that could yield higher conversion efficiency, Motech said.
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