Taiwan-based merchant cell and module producer Neo Solar Power (NSP) reported an unexpected slump in November sales after several months of recovery, which was said to be due to deferred customer orders.
NSP reported November, 2016 sales of NT$ 898 million (US$28.2 million), a 20.03% decline from the previous month.
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Sales for 2016 have reached NT$ 15,410 million (US$485.4 million) as of November 2016, a 21.28% decrease from the prior year period.
The company also noted and confirmed that its relocation of production equipment to its new facility in South East Asia had been completed with the expectation that the facility would start ramping before year-end.