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JP Morgan Show: MEMC Sees Solar Boosting Average Selling Prices
Posted on May 20, 2008
Nabeel Gareeb, chief executive of MEMC (WFR), which makes polysilicon wafers for computer chip manufacturers, has taken the stage at JP Morgan s technology conference in Boston. He s making a sharp, rapid-fire presentation of how the solar panel industry will boost prices and volume of his company s wafer production over the next several years. He also seemed to tip his hand that the company may get into making wafers for exotic types of semiconductors based on, perhaps, silicon germanium though that s just my conjecture.At any rate, MEMC shares are trading down 1.79% at $68.61, af...
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