April 26, 2013
Joseph Hui, a professor in Arizona State University's Department of Electrical Engineering, is CEO of Monarch Power, the company that recently offered to buy equipment and employ workers from the Suntech plant. The Suntech plant is planned to shut its doors the end of this month, leaving 43 people without jobs. However, Hui's company is one of three bidding on equipment and manpower.
Monarch Power manufactures solar panels in the shape of a lotus flower to be easily transported and adapted in homes or businesses. AZ Central.com reports:
"In a statement released Monday, Hui said the plant is a good fit to manufacture the company’s Lotus Mobile 'flower power' solar units. The product launched three weeks ago."