Gintech stops sales decline in September

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Taiwan-based solar cell producer, Gintech Energy Corp reported September sales of NT$1,050 million (US$$34.6 million), a rebound of 21.3% from the previous year. 

However, sales since June have been heavily impacted by the US anti-dumping case and have yet to recover to 2013 levels. A higher dependence on Chinese customers may be behind the drastic earnings hit sine June, compared to its key rivals such as Neo Solar Power. 

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Gintech sales for the first none months of 2014 reached NT$11,564 million (US$380 million), up around 7.2% on the same period a year ago. 

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