JDSU Goes Green
Details are on GreenTech Solar, part of the GreenTech Media Empire founded by former Heavy Reading analysts Scott Clavenna and Rick Thompson.
According to the article, the CPV industry is showing promise but has been wanting a high-volume manufacturer that can bring costs down. JDSU could fit the bill.
This particular sector of solar might lack for big competitors, but solar power in general is prime bubble territory. You'd have to think JDSU is going to face competition beyond Emcore Corp. (Nasdaq: EMKR) and the handful of startups mentioned in the story. And the margins -- at least according to a comment below the article -- are down in the muck.
In other words, while I've been pondering whether JDSU will get out of telecom optics, it's gone and joined a market that could be awfully similar.
One difference is that JDSU isn't banking everything on CPV. The company can live without this stuff. As long as it avoids making $41 billion acquisitions, that is.
— Craig Matsumoto, West Coast Editor, Light Reading