Spire Corp. says its Bandwidth Semiconductor wholly owned subsidiary will become Spire Semiconductor effective Jan. 1, 2008. Bandwidth currently provides Spire with crystalline silicon solar-cell process technology and has re-entered the fast-growing, gallium arsenide (GaAs) concentrator solar cell market. This name change will better align Bandwidth with Spire's overall solar industry focus, the company says.
‘GaAs solar cell activities are growing at Spire Semiconductor and are supplementing revenue growth from its portfolio of defense, biomedical and consumer products,’ says Roger G. Little, Spire's chairman and CEO. ‘This operation has held a pioneering position in the field, and in the future, we intend to place even more emphasis on the solar concentrator cell market.’