We attended the combined Semicon West and Intersolar convention in San Francisco last week. We saw a number of old acquaintances and made some new friends as well. Seems like this year’s event was busier and with more buzz than last year. Overall industry optimism seemed greater and most people that we talked to said that traffic at their booths was up.
We are excited about the opportunities to value and resell solar technology equipment. Unlike semiconductor tools, which are more standardized, valuing and reselling solar equipment has some challenging aspects as there are multiple tool platforms and competing technologies. We expect that as the solar industry matures and several technologies become dominant, tool standards will emerge and a more structured secondary market will develop. We plan on staying very much in tune with these developments.