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LDK Solar Expands into Sapphire Wafer Business

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XINYU CITY, China and SUNNYVALE, Calif., April 8, 2011 /PRNewswire/ -- LDK Solar Co., Ltd. ("LDK Solar") (NYSE: ), a leading manufacturer of multicrystalline solar wafers and PV products, today announced a business investment of approximately $40 million to establish a new manufacturing plant in Nanchang City, Jiangxi Province. This new manufacturing facility will have capacity to supply two million two-inch equivalent pieces of sapphire wafers per year and be positioned to capture the growing opportunities in the LED industry. "We are very pleased to expand our wafer...

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