TAIWAN ROUND UP: Sales rebound in November for SAS, Gintech, Motech and Solartech

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Gintech reported revenue of NT$890 million (US$27.9 million) in November, up from NT$822 million (US$26.1 million) in the previous month. However, sales remain 5.1% down, year-on-year. Image: Gintech

Sino-American Silicon

Taiwan-headquartered integrated PV manufacturer Sino-American Silicon (SAS) has reported strong revenue growth in November as part of a general recovering after a slowdown in the third quarter of 2016. 

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SAS reported total November, 2016 revenue of NT$2.76 billion (US$86.78 million), 20% higher than the previous month.

The company reported dedicated solar business revenue of NT$1.27 billion (US$39.9 million) up 47.1% from the previous month and up 9.1%, year-on-year.

SAS noted that orders for its high efficiency wafers and cells had rebounded in November, while the company planned to focus on production efficiency improvements, product quality enhancements and aggressive cost reductions for high efficiency solar wafers, cells & modules in 2017. 

SAS reported total November, 2016 revenue of NT$2.76 billion (US$86.78 million), 20% higher than the previous month.

Gintech Energy

Merchant solar cell producer Gintech Energy has continued a slow sequential monthly increase in sales in November, after demand crashed in July. 

Gintech reported revenue of NT$890 million (US$27.9 million) in November, up from NT$822 million (US$26.1 million) in the previous month. However, sales remain 5.1% down, year-on-year.

Gintech reported revenue of NT$890 million (US$27.9 million) in November, up from NT$822 million (US$26.1 million) in the previous month. However, sales remain 5.1% down, year-on-year.

Motech Industries

PV manufacturer Motech Industries also reported a strong recovery in sales for November, after reaching a low-point in September. 

The company reported November, 2016 sales of NT$1,935 million (US$60.8 million), up 26.47% from the previous month. However, sales are down 31.03%, year-on-year.

Motech Industries reported November, 2016 sales of NT$1,935 million (US$60.8 million), up 26.47% from the previous month. However, sales are down 31.03%, year-on-year.

Solartech Energy

Merchant solar cell producer Solartech Energy Corp reported a 59.71% rebound in sales for November, compared to the previous month.

Solartech reported November, 2016 sales of NT$737 million (US$23.17 million), up 59.71% from October, 2016, while sales are down 32.55%, year-on-year.

Solartech reported November, 2016 sales of NT$737 million (US$23.17 million), up 59.71% from October, 2016, while sales are down 32.55%, year-on-year.
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