Taiwan-based solar cell producer, Gintech Energy reported October, 2014 monthly sales of NT$904 million (US$29.55 million), down 14.2% from the previous month.
In contrast, key rival Neo Solar Power (NSP) reported three consecutive months of slow sales recovery, with sales reaching NT$2,057 million (US$67.3 million), up from US$64.7 million in September.
Taiwanese PV producers had been impacted by the US anti-dumping decision, with Chinese module manufacturers reducing orders both ahead and after the ruling. However, NSP noted that demand from China was improving in the last couple of months, due to downstream demand in China to meet 13GW government targets.
Gintech’s sales fell-off a cliff in May, 2014 ahead of the US ruling and behaved erratically since, in comparison to rival NSP.