Flexible Electronics News

Hanwha SolarOne Reports 3Q 2012 Results

Achieves progress in shipments, production costs

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Hanwha SolarOne Co., Ltd., a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (PV) cells and modules in China, reported its unaudited financial results for the quarter ended Sept. 30, 2012. “In spite of a difficult operating environment, we achieved some good progress in shipment and production costs during the third quarter even though we suffered from continued ASP (average selling price) decline,” said Ki-Joon Hong, chairman and CEO of Hanwha SolarOne....

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