Neo Solar Power Corporation (“NSP”, or “the Company”, publicly listed on Taiwan Stock Exchange, Ticker: 3576 TT), a world-class leading producer of high quality solar cells in Hsinchu, Taiwan, today announced April revenue of NT$ 1,557 million with a slightly-declined MoM rate of -5.98%. With China government’s new annual solar system installation target of 17.8GW and the growing demand from the US as well as the emerging markets, it is expected that NSP’s shipment would continue to grow driven by the rising market demand as well as a more certain policy toward solar industry in each country.

Technology and the quality is the core competence of NSP. By means of its strong semiconductor industry experience and vast solar device physics expertise, NSP will enhance cost & quality control, raise operation efficiency, and continuously devote to technology research. Looking into the future, with the constant expansion of solar system businesses, NSP’s pipeline of cells and modules can therefore be broadened to maintain growth momentum.