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MEMC Electronic Materials Inc. Message Board

  • fwb54 fwb54 Jul 26, 2006 12:16 PM Flag

    Sun Tech Deal Questions

    Does anybody know current value of chips MEMC supplies to Sun Tech? How much of an incraese is 500 million a year over current levels? How much is the new deal back end loaded towards the later years?

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    • In the latter half of last year Nabeel said WFR's total solar business was running at an annualized rate of 100mil/year. It seems possible that they do that much with SunTech in 2007 (the first year of the deal). If they grow the revenue at 35% per year, they will come up to 5.5bil over ten years. As with geometric progressions, the last two years would be the biggest of course and come to just under half of the revenue.
      But they don't tell us if my little model is right. They just say over ten years. Perhaps on today's call.
      What I would like to see is for WFR to break out the solar versus semi revenue. Then we could get a better feeling for how fast they are growing in the exciting solar business.

    • Those chinese don't want to buy any potato chips from the Americans, fool.

      Mr T