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Neo Solar Targets Annual Cell Capacity of 1.3 GW by End-2011

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Feb. 15 (Bloomberg) -- Neo Solar Power Corp. expects to boost its annual solar cell production capacity to 1.3 gigawatts by the year-end, the Hsinchu, Taiwan-based company said in an e-mailed statement today. The solar cell maker targeted an annual capacity of 1.2 gigawats by the end of 2011, Chairman Quincy Lin told reporters in December.

Link to Company News:{3576 TT <Equity> CN <GO>}

To contact the reporter on this story: Yu-Huay Sun in Taipei at ysun7@bloomberg.net

To contact the editor responsible for this story: Ryan Woo at rwoo5@bloomberg.net