Will Solar Save Chip Companies?

2009 January 7
by novogreen

As the semiconductor industry prepares to post a rare drop in revenues, with another decline expected next year, it’s no wonder that many chip companies are shifting their hopes to solar power.Last month, Hemlock Semiconductor announced plans for a $3 billion expansion of its polysilicon production, mainly for solar cells, which some industry watchers said could signal a solar boom ahead. While chips are a matured industry, solar is just getting started — in June, research firm iSuppli predicted that investment in solar-cell production would match investment in semiconductor manufacturing by 2010.

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