At an International Consumer Electronics Show (CES) event, AMD demonstrated working silicon of its first true system on chip (SoC) APUs, codenamed "Temash" and "Kabini, " which will be the industry's first quad-core x86 SoCs.

ENGADGET: AMD announces Temash, Kabini, Richland, and Kaveri APUs at CES 2013 (video)

While Silicon Valley companies were working on the problem, silicon prices fell and Chinese companies like JA Solar, Suntech and Yingli Green Energy rapidly expanded production of conventional solar panels, supported by tens of billions of dollars in inexpensive credit from the Chinese government as well as other subsidies like cheap land.

FORBES: Can China Save Silicon Valley's Struggling Solar Technology?

D. in mechanical engineering, Raade was working at a Silicon Valley materials science company called Symyx in 2009.

FORBES: Secret Ingredient To Making Solar Energy Work: Salt