TAIWAN ROUND UP: Wafer producers GET, SAS and Danen produce mixed results in September

Facebook
Twitter
LinkedIn
Reddit
Email
Companies continue to screen orders to limit ASP erosion. Image: GCL-Poly

Green Energy Technology

Multicrystalline wafer producer GET reported September, 2016 sales of NT$ 715 million (US$22.7 million), up around 10% from the previous month. However sales are still down 46%, compared with the same period of 2015.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The company noted that it was continuing to screen orders, while primarily serving only long-term customers in September as its strategy to minimise wafer ASP declines.

GET reported September, 2016 sales of NT$ 715 million (US$22.7 million), up around 10% from the previous month.

Sino-American Silicon (SAS)

Mono and multicrystalline wafer producer SAS reported September, 2016 sales of NT$ 2,265 million (US$71.9 million), virtually flat with August sales of NT$2,282 million, a 0.72% decline. However, sales are down 8.41% year-on-year.

The company has not been as severely impacted by weak China demand since the end of June but is under ASP pressure. 

SAS reported September, 2016 sales of NT$ 2,265 million (US$71.9 million), virtually flat with August sales of NT$2,282 million, a 0.72% decline.

Danen Technology

Multicrystalline wafer producer Danen Technology reported September, 2016 sales of NT$ 41.7 million (US$1.32 million), down from US$2.74 million in the previous month, a 51.83% decline and a 68.86% decline year-on-year. 

Like its larger rival, GET the company has adopted a selective order strategy response to weak demand and ASP erosion. Like GET, Danen has lowered production utilisation rates to reduce inventory.

Wafer producers are expecting a seasonal demand upturn in the fourth quarter.

Danen Technology reported September, 2016 sales of NT$ 41.7 million (US$1.32 million), down from US$2.74 million in the previous month, a 51.83% decline and a 68.86% decline year-on-year.
8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA