“The market is still watching closely for the final results of the EU’s anti-dumping and anti-subsidizing probe against Chinese companies, which means upstream firms [like solar cell and wafer suppliers] have yet to see strong ‘pull in’ orders [from downstream manufacturers and vendors],” Sung said in a note on Friday.
“Moreover, Taiwanese makers do not stand a better chance of bargaining for higher prices under the current weak demand conditions,” Sung added.
According to EnergyTrend, a market research team at Taipei-based TrendForce Corp (集邦科技), it is unlikely that oversupply issues will be solved until 2016.
Additional reporting by CNA
RSS