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Motech Industries To Shut, Sell US Polysilicon Unit

TAIPEI -(Dow Jones)- Taiwanese solar-cell maker Motech Industries Inc. (6244.OT), 20%-owned by Taiwan Semiconductor Manufacturing Co. (TSM), plans to shut its polysilicon manufacturing unit in the U.S. amid falling prices and is also looking to sell the unit. Motech said in a statement Tuesday that the unit, AE Polysilicon Corp., will stop production also because it still hasn't reached economies of scale since it was established in 2006. Motech owns around 33% of AE Polysilicon, based in Fairless Hills in Pennsylvania. Total S.A. (TOT) owns 25.4% of AEP. -By Aries Poon, Dow Jones Newswires; 886-2-25022557; aries.poon@dowjones.com

Stock News for Taiwan Semicond (TSM)
DateTimeHeadline
02/08/201606:13:32Report of Foreign Issuer (6-k)
02/02/201607:13:51Report of Foreign Issuer (6-k)
01/25/201606:08:07Report of Foreign Issuer (6-k)
01/15/201606:08:50Report of Foreign Issuer (6-k)
01/15/201603:02:00Apple's Suppliers Sound Revenue Warnings
01/14/201607:47:00Apple's Slowing iPhone Sales Take Bite Out of Suppliers' Revenue
01/14/201606:50:43Report of Foreign Issuer (6-k)
01/08/201606:14:58Report of Foreign Issuer (6-k)
01/05/201607:00:00DSP Group Unveils SparkPA, Highest RF Transmit Power CMOS Power...
12/28/201521:47:00Correction to Intel Completes Altera Acquisition Story
12/28/201517:10:00Intel Completes Acquisition of Altera
12/28/201506:09:31Report of Foreign Issuer (6-k)
12/10/201507:03:25Report of Foreign Issuer (6-k)
12/07/201518:02:00ADRs End Lower; Oil Majors Decline
12/07/201511:30:00Taiwan Semiconductor to Build Chip Plant in China
12/07/201506:09:11Report of Foreign Issuer (6-k)
12/03/201521:19:02Will Apple Finally Part Ways With Samsung?
12/03/201510:35:03How Large Will Apple Inc. Make Its A10 Chip?
12/02/201517:30:02Here’s Why These Analysts Think Taiwan Semiconductor Mfg. Co. L...
12/02/201516:00:02How Much Does the Apple Inc. A9X Chip Cost to Make?

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