Today, July 9th, Sino-American Silicon Products Inc. celebrates its grand opening for the Chunan Plant 2. The attendees of the ceremony includes, Miaoli County Executive Mr. Liu, Cheng-Hung; Director of of Hsinchu Science Park Mr. Yen, Tzong-Ming; Chairman of GTSM Mr. Chen, Shu, Chairman of Mega Holdings, Mr. Tsai Yo-tsai and many celebrated customers and valuable suppliers of SAS.
Located in Chunan Science Park, SAS’s Chunan Plant 2 occupies more than 50,000 square meters, and is less than 20 meters away from Chunan Plant 1 opened in 2006. Plant 2 is designed for solar wafer production only and is capable of producing maximum 600MW of A + wafers. Total capacity by combining Plant 1 and Plant 2 will be up to 1GW if fully loaded.
The main structure of Plant 2 was completed on June last year when the financial tsunami still overwhelmed the world. SAS once considered to slow down the construction, while the global demand of solar energy recovered gradually from May last year, the company decided to keep the project going and expedited the completion of the factory. In order to take early advantage of the foreseen opportunities, SAS had purchased equipment for starting operation in advance when part of the factory space is ready for mass production. Accompanying with the ongoing construction, production capacity expanded accordingly which enabled us to enjoy the benefits of the orders from the global booming demand. Thus, SAS generated an outstanding NTD95 million sales revenues for the first half of this year, increased almost 90% from the same period of last year.
SAS announced, the official opening of the Plant 2 represents multiple meaning in term of SAS’s strategies: In addition to ensure the availability of solar production expansion in the next two years, SAS will also be in the leading position in the global market for the semiconductor silicon wafer which is one of our three major products; With the completion of Plant 2, the original Hsinchu Plant will be more flexible to use for semiconductor plant expansion to increase its lead against the competition; Furthermore, SAS can also enhance its cost-oriented competitiveness due to the larger production scale. From the positive reinforcement such as capacity expansion, gradual recovery from the market, price increase of the products, SAS’s sales revenue continues to achieve record-high monthly and the profit looks also positive. Furthermore, based on the industry analysis reports from Solarbuzz, the industry will be heating up in the second half of this year, with more newly developed products which will be launched in the market, SAS has great confidence of its performance in the second half.
Sino-American Silicon Products, Inc.
Spokesman: Simon Dai, Finance Manager
Tel: 03-577-2233 EXT: 337
Website: https://www.saswafer.com
