PV industry could drive recovery, SEMI says

March 11, 2009 | Source: EE Times

Despite the economic recession, polysilicon shipments have grown constantly in 2008. Demand from the photovoltaics industry more than counterbalanced the chip industry downturn, with shipments up about 7 percent in Q4, 2008 over the third quarter.

And since legal measures have been taken across the globe to bring forward renewable energy sources which will continue to drive the PV industry expansion, this segment is “in an enviable position of driving economic recovery,” according to SEMI senior director of Industry Research and Statistics, Dan P. Tracy.