Solar cell and module maker Motech Industries Inc (茂迪) yesterday said it plans to invest NT$1.5 billion (US$53.89 million) to expand production, with NT$400 million earmarked for high-efficiency next-generation solar cell capacity expansion.
The firm’s board of directors has approved the capital expenditure, the largest in five years, amid strong demand for the company’s tunnel oxide passivated contact (TOPCon) cells, Motech Industries president Fred Yeh (葉正賢) said.
“As photovoltaic systems integrator companies become more educated about the benefits of TOPCon solar cells, we are seeing strong demand,” Yeh said. “Orders are backed up into the second quarter of 2022.”
Photo: Chan Shih-hung, Taipei Times
“The next generation of TOPCon solar cell technology can raise the conversion rate to more than 22 percent, meaning that costs can be lowered by 6 to 8 percent,” he said.
Motech is expanding capacity from 15 megawatts (MW) to 200MW to satisfy demand and expand sales, he said.
“The next generation of batteries is 14.6 percent more efficient than previous [generations] and will produce more power, even under cloudy conditions,” Yeh said.
From the rest of the money, NT$1 billion is to go toward building more solar cell systems, while NT$100 million is to be invested in aquavoltaics, which combine eel and shrimp farms with solar photovoltaic arrays to get the most out of limited space, he said.
The company is new to aquavoltaics, Yeh said.
There is 30MW of capacity under development, which should join the grid “within the next year,” he said.
The beginning of the end is in sight for a parts shortage crisis that has plagued the tech sector this year amid supply chain bottlenecks and logistics logjams, Yeh said.
“Revenue and costs for Motech will peak [this] quarter, but the worst of the parts crisis is over,” he said.
Yeh said that he expects strong demand for Motech Industries’ solar cells to continue well into the second and third quarter of next year.
Intel Corp yesterday said it has placed its first order with ASML Holding NV to purchase the semiconductor industry’s first TWINSCAN EXE: 5200 system, as the US chip giant aims to compete with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) in advancing to 2-nanometer process technology. The Dutch semiconductor equipment maker’s TWINSCAN EXE:5200 system is an extreme ultraviolet (EUV) high-volume production system with a high numerical aperture (NA) that can produce 220 wafers per hour, more than the 150 wafers that its previous generation TWINSCAN EXE:5000 system can handle. ASML aims to launch the new system in 2024. ASML president and chief
MediaTek Inc (聯發科), the world’s biggest 5G chip supplier, saw its ranking rise by one notch to No. 7 last year among world semiconductor vendors, as it benefited from the rapid 5G smartphone uptake in China after Huawei Technologies Co (華為) was forced to exit the market, Gartner Inc said in a report yesterday. MediaTek’s revenue soared 58.8 percent to US$17.45 billion last year from US$10.99 billion in 2020, outpacing the global semiconductor industry’s growth of 25 percent, according to Gartner’s tally. That gave MediaTek a 3 percent market share. The Hsinchu-based chip company ranked No. 8 in 2020, behind Texas Instruments
Medigen Vaccine Biologics Corp (高端疫苗) yesterday reported higher neutralizing antibody levels in people who were given its COVID-19 vaccine as a booster after two AstraZeneca doses, the company said. In a trial of 200 participants who received Medigen’s COVID-19 vaccine, neutralizing antibodies against the Omicron variant of SARS-CoV-2 grew by 5.7 times one month after being administered, Taoyuan General Hospital said. Medigen said that the results have been submitted to medRxiv, an online platform for researchers to share complete but unpublished papers. Another trial conducted by National Taiwan University Hospital showed that among 45 participants who received three doses of the Medigen vaccine,
BEATING EXPECTATIONS: With electric vehicles and the metaverse on the horizon, the company predicts a solid first quarter as customers stockpile inventories Key iPhone assembler Hon Hai Precision Industry Co (鴻海精密) could achieve an “unprecedented” performance in the first quarter, chairman Young Liu (劉揚偉) said. “Our performance in the first quarter might surpass how we fared in the past few years, and it is likely that some staff at key sites might only get two days off during the Lunar New Year holiday,” Liu said in prepared remarks for the company’s annual workers’ party yesterday. Manufacturers around the world are racing to build up inventory out of fear that outbreaks of the Omicron variant of SARS-CoV-2 and other uncertainties could further disrupt their supply