LDK Awards US $220M Wafer Contract to Applied Materials

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.

Applied’s systems are scheduled to begin shipping to LDK Solar’s facility in Xinyu, China in early 2009, and will support LDK Solar’s previously announced plans to expand to 3.2 gigawatts (GW) annualized 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,” said Xiaofeng Peng, chairman and CEO of LDK Solar. “We have used HCT wire saws since the beginning of our manufacturing operations in 2006, and they have continued to demonstrate the performance necessary to deliver high-quality, cost-effective wafers to our customers.”

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