Date: 11/10/2010

National Semiconductor and Suntech join forces to develop 'Smart Panel' technology

National Semiconductor Corp. has collaborated with Suntech Power Holdings Co. to develop "smart panel" technology. National plans to incorporate its SolarMagic power optimizer chipset into Suntech solar panels to improve the power output of solar systems.

"Smart panel technology is an important innovation that will help customers harvest more energy from their solar systems. We are pleased to collaborate with National Semiconductor to drive the development of this technology," said Mr. Shijun Cai, Senior Vice President of Suntech.

This announcement follows an announcement in May of 2009 in which the companies announced the signing of a memorandum of understanding (MOU) for Suntech to evaluate National Semiconductor's SolarMagic technology with the intention of jointly promoting the technology and developing future solutions. Suntech has completed its evaluation and the two companies have advanced to the development phase.

"Suntech was one of the first companies to recognize the value that integrated high-performance microelectronics bring to a photovoltaic panel. We are proud of our collaboration with Suntech to develop a next-generation product that will embed SolarMagic technology inside the junction box and ultimately boost the performance of solar arrays," said Michael Polacek, senior vice president, Key Market Segments and Business Development for National Semiconductor.

National Semiconductor will exhibit the SolarMagic power optimizer chipset in its booth #6219 at the Solar Power International conference in Los Angeles on Oct. 12 -14, 2010.