SINGULUS TECHNOLOGIES signed an exclusive representation contract with DKSH Korea for SINGULUS TECHNOLOGIES’ PV activities in Korea. DKSH, the leading Market Expansion Services provider with a focus on Asia, introduces high-quality solar cell technology from SINGULUS TECHNOLOGIES to Korea’s photovoltaic market. With new machine concepts and manufacturing processes in the crystalline and thin-film solar technology SINGULUS provides Korean leading-edge solar cell manufacturers with highest-quality, cost-efficient manufacturing solutions.
Kahl am Main, February 25, 2013 - SINGULUS TECHNOLOGIES (SINGULUS) selected DKSH as partner of choice in Korea, thereby benefiting from DKSH’s value-added Market Expansion Services such as market research, structured sales and marketing. DKSH leverages its experience in the solar market to grow SINGULUS’ presence in Korea’s photovoltaic industry.
Korea’s manufacturing goals are targeted towards equipment and advanced technology development, with products to be exported and sold abroad. The equipment of SINGULUS is well placed to fulfill the needs of leading-edge Korean manufacturers: With the global cost of photovoltaics declining over the past few years, Korean manufacturers focus on improved efficiency as well as cost-efficient manufacturing processes and materials, areas where SINGULUS excels.
Dr.-Ing. Stefan Rinck, CEO at SINGULUS TECHNOLOGIES, stated: “With new machine concepts and manufacturing processes SINGULUS establishes itself as development partner and equipment supplier for investments in new high-performance solar cell concepts. DKSH is one of the leading addresses in market development for technology goods. Their footprint in Asian high-technology markets offers tremendous opportunities for our company and we look forward to a fruitful cooperation.”
Dr. Adrian Eberle, Head Business Unit Technology at DKSH, added: “We are very pleased about our new cooperation with SINGULUS and see great potential for SINGULUS’ high-quality manufacturing equipment in Korea’s crystalline and thin-film solar industry.”
About SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES is the market leader in the business segment Optical Disc for CD, DVD and Blu-ray Disc production equipment. In the Solar segment, SINGULUS’ goal is to attain a leading position in the silicon and thin-film solar technology as a machine supplier as well as a development partner and supplier of manufacturing equipment for new cell concepts. With respect to production technology for CIGS/CIS thin-film solar cells, SINGULUS is excellently positioned.
The activities in the division Semiconductor for vacuum deposition machines are extensively strengthened to applications such as MRAM, sensors and read/write elements. New application areas for vacuum deposition technology are the focus of the further development.
DKSH is the leading Market Expansion Services Group with a focus on Asia. As the term "Market Expansion Services" suggests, DKSH helps other companies and brands to grow their business in new or existing markets.
Publicly listed on the SIX Swiss Exchange since March 2012, DKSH is a global company headquartered in Zurich, with 650 business locations in 35 countries – 630 of them in Asia, and 26,000 specialized staff. In 2011, DKSH generated net sales of CHF 7.3 billion.
DKSH’s Business Unit Technology is the leading provider of Market Expansion Services involving technical solutions for capital investment goods and analytical instruments. DKSH Technology’s field of competence includes the manufacturing and production, energy, research, food and beverage, advanced metals, and infrastructure sectors with a service portfolio that includes market entry consultancy, project financing, product planning, marketing, sales, application engineering, product sourcing, and after-sales services.
With 95 business locations in 16 countries and around 1,300 specialized staff, Business Unit Technology generated Net Sales of CHF 413 million in 2011.
For further information about SINGULUS TECHNOLOGIES AG please contact:
SINGULUS TECHNOLOGIES AG, Hanauer Landstrasse 103,
D-63796 Kahl/Main, ISIN DE000A1MASJ4, WKN A1MASJ
Maren Schuster, Investor Relations, Tel.: + 49 (0) 6188 440612
Bernhard Krause, Corporate Communications, Tel.: + 49 (0) 1709202924
For further information about DKSH Korea please contact:
DKSH Korea Ltd.
General Manager Business Unit Technology
4-6 Floor, SungHwan Building, 546-11 DoGok-dong, GangNam-Gu
135-858 Seoul, Korea
Phone +82 2 2192 9701
Fax +82 2 2192 9595-6
DKSH Business Unit Technology
Rahel Kaegi Romero
Communications Manager Business Unit Technology
Phone +81 3 5730 7674