Taipei, October 28, 2010 — Today Walsin Lihwa signed an investment cooperation agreement with Solarion AG, a Germany-based solar energy company in Leipzig. Under the agreement, the two companies will together produce Copper-Indium-Gallium-Diselenide (CIGS) thin-film solar cells and develop next generation solar energy technologies.

Walsin Lihwa, via its wholly owned subsidiary Ally Energy Limited BVI, invests 40 million Euro in Solarion AG, acquiring 49% of the stakes in Solarion AG as well as Solarion AG’s CIGS technology patent licensing. In the afternoon of October 28 (Taiwan local time), Yu-Lon Chaio, Chairman of Walsin Lihwa, and Dieter Waffel, Chairman of Solarion AG, signed the Subscription and Shareholders’ Agreement, License Agreement and Technology Collaboration Agreement at Leipzig City Hall. Under involvement of the Development Bank of Saxony the investment is awarded with a grant of more than 20 million Euro. Both Sven Morlok, State Minister of Economic Affairs of Saxony, and Barkhard Jung, Mayor of Leipzig City, attended today’s signing ceremony.

The Germany-based Solarion AG, a company specializing in solar cells and solar modules, has a number of advanced CIGS solar technologies and related patents. Walsin Lihwa and Solarion AG will together pursue the quantity production of CIGS thin-film solar cells by setting up a solar cell and module plant in 2011 in Leipzig. The initial capacity of the plant is 20 MW, which will be increased to 200 MW. Moreover, the patent licensing that Walsin Lihwa obtains from Solarion AG will enable Walsin Lihwa to independently manufacture and sell CIGS solar products.

According to Walsin Lihwa, the high power conversion efficiency of CIGS enables CIGS thin-film cells to have the greatest development potential. Solarion AG’s CIGS patents and the company’s low-cost, high-performance competitiveness make the cooperation ideal for Walsin Lihwa’s vertical integration strategy and help Walsin Lihwa obtain such patented key technologies in order to have a head start in independent solar energy R&D.

Founded in 2000 in Leipzig, Solarion AG establsihed Europe’s first pilot line for the manufacturing of flexible and highly efficient CIGS thin-film cells in 2002. Solarion’s technology is based on a proprietary ion-beam assisted deposition of the CIGS absorber in a roll-to-roll process. The advantages of this technology are its low deposition temperature, improved solar cell efficiency, higher process speed as well as lower energy and material costs. The utilization of a flexible carrier enables new fields of photovoltaic applications. According to Dieter Waffel, Chairman of Solarion AG, the cooperation with Walsin Lihwa paves Solarion’s way to mass production and help the development of CIGS products and technologies featuring an even lower cost and much higher power conversion efficiency.

Founded in 1966, Walsin Lihwa Corporation has been a leading manufacturer of wire & cable and specialty steel in the Greater China region and now an international conglomerate with diverse investments in high-tech industry and financial investment. In recent years Walsin Lihwa has entered new businesses covering MEMS, LED and solar energy technology based on its long term strategy.

Walsin Lihwa is located in Taipei, Taiwan with over 20 operation sites worldwide, mainly based in Taiwan and China.M

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2010 first 3 quarters on 25th October. The company’s net operating revenue from January through September this year is approx. NT$60.93 billion, an increase of 31% compared to 2009. The consolidated net operating revenue reached NT$143.27 billion, an increase of 53% compared to 2009. The operating gross profit reached NT$3.9 billion and the consolidated one reached NT$6 billion. The income from operations is NT$ 2.6 billion, and consolidated income from operations is NT$2.6 billion. Net income after tax reached NT$ 3.4 billion, earnings per share at NT$ 1.12.

Walsin Lihwa Corporation established in 1966, has been the leading manufacturer for copper, power cables, communication wires and specialty steel.

Walsin Lihwa Corporation announced its net operating revenue for September 2010, on a stand-alone basis, was NT$7 billion, an increase of 26% from September 2009. January through September net operating revenue for 2010 totaled NT$60.9 billion, an increase of 31% compared to 2009.

The company’s consolidated net operating revenue for September 2010 was NT$ 16.4 billion, an increase of 26% from September 2009. January through September revenue for 2010 totaled NT$143 billion, an increase of 53% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announced its net operating revenue for August 2010, on a stand-alone basis, was NT$6.9 billion, an increase of 36% from August 2009. January through August net operating revenue for 2010 totaled NT$54 billion, an increase of 32% compared to 2009.

The company’s consolidated net operating revenue for August 2010 was NT$ 16 billion, an increase of 26% from August 2009. January through August revenue for 2010 totaled NT$126.6 billion, an increase of 57% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2010 first 2 quarter on 16th August. The company’s net operating revenue from January through June this year is approx. NT$40.32 billion, an increase of 35% compared to 2009. The consolidated net operating revenue reached NT$95.14 billion, an increase of 71% compared to 2009. The operating gross profit reached NT$2.3 billion and the consolidated one reached NT$3.6 billion. The income from operations is NT$ 1.5 billion, and consolidated income from operations is NT$1.4 billion. Net income after tax reached NT$ 2.3 billion, earnings  per share at NT$ 0.75.

Walsin Lihwa Corporation established in 1966, has been the leading manufacturer for copper, power cables, communication wires and specialty steel.

Walsin Lihwa Corporation announced its net operating revenue for July 2010, on a stand-alone basis, was NT$6.7 billion, an increase of 16% from July 2009. January through July net operating revenue for 2010 totaled NT$47 billion, an increase of 32% compared to 2009.

The company’s consolidated net operating revenue for July 2010 was NT$ 15.6 billion, an increase of 28% from July 2009. January through July revenue for 2010 totaled NT$110.6 billion, an increase of 63% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announced its net operating revenue for June 2010, on a stand-alone basis, was NT$6.5 billion, an increase of 11% from June 2009. January through June net operating revenue for 2010 totaled NT$40.3 billion, an increase of 35% compared to 2009.

The company’s consolidated net operating revenue for June 2010 was NT$ 15.9 billion, an increase of 35% from June 2009. January through June revenue for 2010 totaled NT$95 billion, an increase of 71% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announced its net operating revenue for May 2010, on a stand-alone basis, was NT$7.2 billion, an increase of 46% from May 2009. January through May net operating revenue for 2010 totaled NT$33.8 billion, an increase of 40% compared to 2009.

The company’s consolidated net operating revenue for May 2010 was NT$ 16.6 billion, an increase of 61% from May 2009. January through May revenue for 2010 totaled NT$79.1 billion, an increase of 81% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announced its net operating revenue for April 2010, on a stand-alone basis, was NT$7.3 billion, an increase of 4% from April 2009. January through April net operating revenue for 2010 totaled NT$26.6 billion, an increase of 39% compared to 2009.

The company’s consolidated net operating revenue for April 2010 was NT$ 17.5 billion, an increase of 56% from April 2009. January through April revenue for 2010 totaled NT$62.5 billion, an increase of 87% compared to the previous year. 

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2010 first quarter on 29th April. The company’s net operating revenue from January through March this year is approx. NT$19.3 billion, an increase of 59% compared to previous year. The consolidated net operating revenue reaches NT$45.16 billion, an increase of 103% compared to the previous year. The operating gross profit reaches NT$1.22 billion and the consolidated one reaches NT$2.26 billion. The income from operations is NT$ 792 million, and consolidated income from operations is NT$1.19 billion. Net income after tax reaches NT$ 1.16 billion, earnings per share at NT$ 0.38.

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.