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TrendForce: The Closing of Micron-Merging-Inotera Deal Has Delay; Further Update Will Report in Later 2016

13 June 2016

Inotera held a brief press conference today, stating that Micron has decided to delay the schedule of merging Inotera, and the future update will be announced in later part of this year. Other than the NT$80B syndicated loan is still processing, current technical support between MMT (Micron Memory Taiwan) and Inotera has been put on hold. However, both Micron and Formosa group both stated that it is only the delay of schedule, not the end of discussion. Both parties will continuously seek for the possible solution in order to complete the transaction.

TrendForce Expects Price Decline for Multi-Si Wafers to Accelerate as PV Market Will Again Experience Oversupply in Next Half of 2016

8 June 2016

China’s PV market remains uncertain as the installation rush in the country comes to the end and the government has not released any detailed plans on domestic PV targets and related subsidies. Therefore, PV manufacturers in China and Taiwan will see sharp drops in incoming orders in late June. Going into the third quarter, there will be no policy pressure to generate installation rushes in major markets such as China, the U.S. and Europe, noted Corrin Lin, assistant research manager of EnergyTrend, a division of TrendForce. Power plant companies also expect further decline in module prices, so their demand during this period will be fairly cool. With the off season approaching in the third quarter, manufacturers that have expanded their capacities earlier this year will be under a lot of pressure to cut prices.


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