LDK Solar awards US$220m wafer contract

XINYU CITY, CHINA, September 3, 2008. Solar wafers manufacturer LDK Solar Co Ltd has awarded a US$220 million contract to Applied Materials Inc to provide precision wafering systems to support its next phase of production expansion.

Shipping to LDK Solar’s facility in Xinyu, China, is scheduled to start early 2009, and it will support LDK Solar’s previously announced plans to expand to 3.2 GW annual wafer capacity in 2010.

“We believe that Applied’s state-of-the-art wafering systems, including its HCT wire saws and squarers, are the best choice to help us scale up capacity to meet the expanding global demand for wafers,” says Xiaofeng Peng, Chairman and Chief Executive Officer of LDK Solar.

Applied Materials specialises in Nanomanufacturing Technology™ solutions with equipment, service and software products for the fabrication of semiconductor chips, flat panel displays, solar photovoltaic (PV) cells, flexible electronics and energy efficient glass.”

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