Based on achievements in the semi-conductor and FPD industries, Shinsung Holdings Co. Ltd provides a new vision by launching the solar cell business, the core of the solar industry, which is called a next-generation industry. For the past 30 years, Shinsung Holdings has continued to lead innovations and changes in the fields of refrigeration and air-conditioning, cleanroom system and Fab Automation System, and is now challenging the solar cell industry based on accumulated experience, technology and a global network with the US, China and Singapore. The Shinsung’s solar cell business secured core equipment to produce both singlecrystal and multicrystal silicon solar cells and constructed a stable production line by making a long-term purchase contract for wafers. Our total yearly output is 50MW in 2008, and we are planning to increase it to 1GW by 2015. For our full-scale business, we completed the 1st production line in 2008 and continue to construct three more production lines by securing a 69,422m² site in the Jeungpyeong Industrial Complex in North Chungcheong. For this, we are scouting for the world’s best solar cell exports and securing high-efficiency solar cell manufacture technology in cooperation with local and foreign research institutes. Shinsung Holdings is launching the solar cell business, which is emerging as a key future industry, to secure a new growth engine for the company and contribute to the bigger goal of improving national competitiveness. Shinsung Holdings will do its best to become a key player in the world through continuous R and D.