Daqo New Energy Corp. has announced plans to stop its wafer manufacturing operations this month. It instead intends to focus solely on polysilicon production. Challenging market conditions were cited as the reason.In an announcement last week, the China-based manufacturer announced its intentions to put a halt to its multicrystalline wafer operations, due to "increasingly challenging market conditions." The decision is expected to cost Daqo around US$21.6 million in fixed-asset impairment and restructuring costs in the third quarter of this year, roughly $1.6 million of which will comprise employee ...Den vollständigen Artikel lesen ...