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The company attributed the increase to more stable wafer pricing and continued focus on supplier key long-term customers and avoiding low-bid price offers.

The company attributed the increase to more stable wafer pricing and continued focus on supplier key long-term customers and avoiding low-bid price offers.

Taiwan-based multicrystalline wafer producer Green Energy Technology (GET) has reported a 5.2% revenue increase for November, 2016, which indicates a continued recovery in sales from the low point in August.

GET reported November, 2016 revenue of NT$990 million (US$30.89 million), 5.2% higher than the previous quarter. The company attributed the increase to more stable wafer pricing and continued focus on supplier key long-term customers and avoiding low-bid price offers. 

However, sales remain well below revenue levels seen in the first half of the year after the collapse in demand in China after FiT changes at the end of June.

Tags: green energy technology, multicrystalline wafer

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