Flexible Electronics News

Q.CELLS Transferred to New Owner Hanwha Chemical

Despite insolvency proceedings, 80 percent of the jobs were secured

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Q-Cells SE’s insolvency administrator Henning Schorisch has transferred the photovoltaics company to its new owner, Hanwha SolarOne. More than 80% of jobs were thus secured, despite the insolvency proceedings. The company was bought by an indirect subsidiary of Hanwha Chemical Corporation, which is part of one of the largest South Korean corporations with 2011 sales of $31.6 billion. This takeover provides Q-Cells with a strong partner exhibiting a long-term orientation. Q-Cells will gain acc...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters