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news digest ♦ Solar


of fully space qualified, highly efficient radiation- hard multi-junction solar cells for space power applications. With a solar-to-electric conversation efficiency of nearly 30%, Emcore’s multi-junction solar cells are claimed to offer superior performance at an affordable price when compared to competing technologies.


Q-Cells COO resigns from executive board


The CIGS solar cell manufacturer has appointed CEO Nedim Cen to assume Gerhard Rauter’s responsibilities for the time being.


Gerhard Rauter has stepped down from his position as a member of the Executive Board of Q-Cells SE at his own request effective immediately. The Supervisory Board of Q-Cells approved his decision in its meeting on 4 May.


Gerhard Rauter, 53, held the position of Chief Operation Officer (COO) at Q-Cells since October 2007 and was most recently responsible for production and technology. His key accomplishments during this time include professionalising cell production in Thalheim and successfully setting up cell production in Q-Cells´ production site in Malaysia as well as module production using thin-film technology (Solibro).


He also developed the solar module portfolio in cooperation with international external production partners. The Supervisory Board would like to express its sincere appreciation to Gerhard Rauter for his performance, even in the difficult reorganisation phase during the year 2009, and wishes him all the best for the future.


Gerhard Rauter’s responsibilities will be assumed by CEO Nedim Cen for the time being. Jirko Lohse and Peter Wawer will support the CEO in production and technology matters, respectively.


Emcore’s profits continue to plunge


Although it has a large back log with some new 168 www.compoundsemiconductor.net October 2011


Consolidated revenue for the second quarter ended March 31, 2011 was $47.2 million, which represents a 2% decrease compared to the prior year. On a segment basis, revenue for the Fibre Optics segment was $30.0 million, which represents a 1% decrease compared to the same quarter the prior year . Revenue for the Photovoltaics segment was $17.2 million, which represents a 4% decrease compared to the prior year. Consolidated gross profit was $10.6 million, which represents a 33% decrease compared to the prior year and gross margin was 22.4%, which represents a decrease from the 32.7% gross margin reported in the prior year.


On a segment basis, Fibre Optics gross margin was 18.0%, which represents a decrease from the 24.4% gross margin reported in the prior year. Photovoltaics gross margin was 30.2%, again, a decrease from the 46.6% gross margin reported in the same quarter last year.


The consolidated operating loss was $4.2 million, which represents a $3.3 million increase in operating loss when compared to the prior year.. During the second quarter ended March 31, 2011, the Company recorded a $2.6 million litigation settlement gain related to a patent infringement award associated with the Company’s Fibre Optics


orders, Emcore is still on a losing streak after announcing poor financial results with operating and net losses totalling $9.4 million.


Emcore Corporation, a provider of compound semiconductor-based components, subsystems, and systems for the fibre optics and solar power markets, has announced its financial results for its second fiscal quarter ended March 31, 2011.


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