First Solar, Inc. Company Profile | FSLR Company Information

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We design and manufacture solad modules using a proprietary thin film semiconductor technolog that has allowed us to reduce our averagr solar module manufacturing costs to among the lowest in the Our average manufacturing costswere $1.40 per Watt in 2006 and $1.290 per Watt in the first threew months of 2007, which we believe were significantly less than thoss of traditional crystalline silicon solar module manufacturers. We are the first company to integrate non-silicon thin film technologyu into high volume lowcost production.
Our manufacturing process transforms an inexpensive 2ft x4ft (60cn x 120cm) sheet of glass into a complete solaer module in less than threse hours, using approximately 1% of the semiconductor material used to producw traditional crystalline silicon solar modules. Our abilitt to attract customers withcompetitive pricing, in combinationh with our replicable low cost manufacturinv process, afforded us a gros margin of 40% in 2006 and 45% in the firs t three months of 2007.
By continuing to expand production and improve our technologt andmanufacturing process, we believe that we can furthet reduce our manufacturing costs per Watt and improv our cost advantage over traditionakl crystalline silicon solar module manufacturers. ...