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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
08/25/201506:13:52Report of Foreign Issuer (6-k)
08/25/201506:09:25Report of Foreign Issuer (6-k)
08/14/201506:09:25Report of Foreign Issuer (6-k)
08/11/201507:35:54Report of Foreign Issuer (6-k)
08/10/201508:20:02Report of Foreign Issuer (6-k)
08/03/201509:00:00Semiconductor - Integrated Circuits Equities Technical Coverage...
07/27/201507:39:02Report of Foreign Issuer (6-k)
07/17/201513:05:02Intel Corp. Finally Comes Clean on 10-Nanometer Manufacturing...
07/17/201506:27:32Report of Foreign Issuer (6-k)
07/16/201518:01:37ADRs End Higher; National Bank of Greece Declines
07/16/201512:10:09Taiwan Semiconductor Manufacturing Earnings Growth Slows
07/16/201507:37:54Report of Foreign Issuer (6-k)
07/13/201512:00:06Should Intel Corp. Investors Worry About IBM’s Big Announcement?
07/10/201508:14:27Report of Foreign Issuer (6-k)
06/25/201506:18:51Report of Foreign Issuer (6-k)
06/23/201510:44:44Intel Corporation Details 14-Nanometer System-on-Chip Process...
06/22/201513:00:06How Can TSMC Overcome a Smartphone Slowdown?
06/17/201512:45:03What Happens to Old Intel Corporation Manufacturing Technologies?
06/10/201513:00:03The Truth Comes Out: Intel Corporation's 10-Nanometer Node Is...
06/10/201508:46:23Report of Foreign Issuer (6-k)

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