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Sunday, September 7, 2008
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As major EMS/ODM companies continue to face strategic and operational challenges, will we see another giant merger in 2008?
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NEWS > JULY 2008
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Oerlikon Solar Partners Flextronics to Enable Future Production Scalability

15 July 2008

As the ramp up of the new Singapore site proceeds, Oerlikon Solar announces an agreement with Flextronics, a leading electronics manufacturing services (EMS) provider. Flextronics will provide important capacity and supply chain solutions needed to accelerate the expansion of Oerlikon's global production capacity. According to the company, partnering with Flextronics supports Oerlikon's ability to serve more customers and further reduce project delivery times.

"The facility in Singapore and the partnership with Flextronics will extend our global presence in the rapidly growing solar market. This will extend our lead in terms of production capability, delivery time and cost", states Dr Uwe Krger, CEO of Oerlikon group. "Customer response and support will be significantly enhanced in Asia and around the globe."

"The Singapore facility is also a key element of our plan to achieve grid parity by 2010," says Jeannine Sargent, CEO of Oerlikon Solar.

Based on recent industry announcements, Oerlikon Solar expects installed thin film solar panel manufacturing capacity to grow beyond 8 GW by 2010. With this new Singapore facility, Oerlikon Solar will have the resources to capitalize on this growing market. "We have engaged highly skilled PV experts to operate this facility. Our enlarged service and production capabilities as well as our R&D activities will be raised to a new level - both in Asia and around the world", outlines Sargent.

Oerlikon Solar and Flextronics, a leading EMS provider with expertise in the solar industry, have entered into an agreement whereby Flextronics will support Oerlikon Solar's scalability requirements for global production capacity allowing the execution of more simultaneous projects in multiple geographies. According to the company, Flextronics' strong global presence and vast resources will enable Oerlikon Solar to optimize its operations and reduce time to market.

"The Flextronics Industrial segment operates a focused global team that is dedicated to providing advanced solar solutions to this strategic customer segment. By leveraging our experience in the semiconductor capital equipment, energy and electromechanical equipment markets, our solar team is able to rapidly develop unique solutions for the emerging solar market. We have developed a broad service offering for this space and will continue to make further investments in this high growth market. We are very pleased to have entered into this partnership and look forward to working with Oerlikon Solar," states EC Sykes, President Flextronics Industrial.

www.oerlikon.com

 
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