30 MW Line made by Schmid put into Operation

Largest Equipment in South Korea for Production of Solar Cells inaugurated

Freudenstadt/Germany, (PresseBox) - Daegu/Korea. On January 22nd 2008 Millinet Solar, one of the leading solar cells manufacturers, has put officially into operation the so far largest solar cell production line in South Korea. The complete process and equipment technology has been supplied by the Schmid Group with head office in Freudenstadt.

The plant located in Daegu (which is the fourth largest city in South Korea) uses the most advanced technology regarding the automation level and the applied process technology. The plant has got an output of approx. 10 million solar cells per year which corresponds to an installed capacity of at least 30 MW.

Several high-ranking persons of politics, trade and industry attended the opening, for example the Vice Minister of economic affairs and energy of Korea, Mr. Yungho Oh, or Mr. Sangdeuk Lee, Vice Chairman of the Korean National Assembly (NA). The Schmid Group has been represented by Christian Buchner, CEO of Schmid Technology GmbH.

The Korean Millinet Solar was founded in 2005 to produce multi-crystalline solar cells. Millinet took a foreign capital of US-$ 8.5 million.

SCHMID Group | Gebr. SCHMID GmbH

Production equipment for Photovoltaics, Printed Circuit Boards, Flat Panel Displays

SCHMID is technologically the world’s leading supplier of system and process solutions for printed circuit board technology, flat panel display production as well as for the photovoltaic industry concerning thin film applications and the manufacture of solar wafers, cells and modules. The product portfolio comprises single equipment and turnkey production lines with guaranteed performance parameters such as production capacity and degree of efficiency. The SCHMID Group covers the entire solar value chain with a high percentage of in-house production.

The tradition of a system supplier is already continuing in the fifth generation with the focus on customer-orientated process solutions, economical concepts and a continuous development of new process technologies in their own research centers. The SCHMID Group produces with about 2.500 employees worldwide (December 2011) in Germany, Switzerland, Taiwan, Japan, China and USA and is represented globally with numerous service branches.

Company Data:

Headquarters: Freudenstadt (Germany)
Employees worldwide: 2,500 (December 2011)
Group sales volume: 550 million Euros (2011; not consolidated)
Group members: 24 companies (2012)
Production facilities: 9 facilities (2012)
Year founded: 1864
Certified: DIN EN ISO 9001

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