Zhonghuan Semiconductor continues with mono-wafer capacity expansions on tight market supply

Facebook
Twitter
LinkedIn
Reddit
Email
Tianjin Zhonghuan Semiconductor (TZS) is continuing to expand wafer capacity and implement Industry 4.0 strategies as supply remains tight as the solar industry migrates to p-Type and n-Type technologies in 2019. Image: PV Tech

Monocrystalline silicon wafer producer, Tianjin Zhonghuan Semiconductor (TZS) is continuing to expand wafer capacity and implement Industry 4.0 strategies as supply remains tight as the solar industry migrates to p-Type and n-Type technologies in 2019.
 
TZS ended 2018 with over 25GW of mono-wafer production capacity for the solar and semiconductor industries, combined. 

The company had also completed and started ramping a 10GW diamond wire, ultra-thin wafer project at a facility in Jiangsu, China and development of a diamond wire cutting and an ultra-thin wafer plant in Tianjin, China. Total mono-wafer production is expected to reach 30GW in 2019.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • 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 recently reported first quarter 2019 revenue of RMB 3.882 billion (US$552.5 million), down from US$650.8 million in the previous quarter but 36.45% higher than in the prior year period as capacity and demand increased.

TZS reported first quarter 2019 revenue of RMB 3.882 billion (US$552.5 million), down from US$650.8 million in the previous quarter but 36.45% higher than in the prior year period as capacity and demand increased.

However, TZS reported a record net profit of RMB 187.6 million (US$27.1 million) in record first quarter 2019, which is believed to be due to production costs and various smart manufacturing initiatives in 2018.

TZS reported a record net profit of RMB 187.6 million (US$27.1 million) in record first quarter 2019.

During the reporting period, operating income increased by 36.45%, compared with the prior year period, mainly due to the increase in production and sales as well as receiving PV power plant electricity FIT payments. 

TSZ is a key supplier to SunPower Corp for p-Type mono wafers used in the JV with DZS and TZS for its p-Type mono PERC cells and modules for its P-Series product range. 

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 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.
10 March 2026
Frankfurt, Germany
The conference will 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 out to 2030 and beyond.

Read Next

August 29, 2025
Chinese module maker JA Solar has launched DesertBlue, a PV module designed for desert and semi-arid regions. 
Premium
August 28, 2025
US solar companies could potentially pay “tens of billions” of dollars in retroactive duties on products imported from Southeast Asia between June 2022 and June 2024, following a decision from the US Court of International Trade (CIT).
August 28, 2025
JinkoSolar has sold 41.8GW of PV modules in the first half of the year, despite growing financial losses for its manufacturing subsidiary.
August 28, 2025
Another high-level inter-departmental symposium on the PV industry was held in Beijing last week, which focused on four key areas including low-prices.
August 27, 2025
Long-term procurement decisions from the US solar industry could support US solar manufacturing, regardless of changes to federal tax credits, PV Tech has heard.
August 26, 2025
Daqo New Energy has posted gross losses of US$81.4 million in Q2 2025, up from losses of US$81.5 million in Q1.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines