Green Energy Technology's wafer sales slide 10% in March
Post Date: 12 Apr 2014 Viewed: 274
Major Taiwan-based solar wafer producer, Green Energy Technology (GET) has reported a sales decline of 10% in March.
The company had sales of NT$1,154,421 (US$38.4 million approx) in March 2014, compared to NT$1,287 million (US$42.47 million) in February, which were 3.9% down from January.
The company said that the revenue decline in March was primarily related to an increase in OEM business as the company supported key customers due to the risk of volatile polysilicon prices.
On a year-on-year basis, sales in March were 22% higher and 41% higher on a quarterly basis.
GET said that it also planned to cooperate with supply chain partners on a more efficient manufacturing process as well as customised high-end quality products.�