Hanwha Solutions Withdraws from Polysilicon Business
[Asia Economy Reporter Park So-yeon] Hanwha Solutions is withdrawing from its polysilicon business, which has been operating at a loss for several years.
Hanwha Solutions announced on the 20th that it decided to exit the polysilicon business through a board meeting.
Accordingly, the residual value of the polysilicon production facilities was fully reflected as a loss in last year's performance.
Hot Picks Today
No Bacteria Detected in Arisu After 24 Hours of Repeated Drinking from a Tumbler
- "Available Only in Korea": Pokémon Card Prices Surge 2,532% Due to Rarity, Becoming Investment Assets
- "Egg Prices Are Strange" Proven True... Collusive Margin Hike of 46% Without Basis Leads to 594 Million Won Fine
- Asiana Airlines Posts 101.3 Billion Won Operating Loss in Q1... "Impact of Integration Preparations and Cargo Sale"
- American Woman Who Poisoned Husband for $2 Million Insurance and Published Memorial Children's Book Sentenced to Life in Prison
Hanwha Solutions stated, "Since the polysilicon selling price is about half of the production cost, the more we increase the operating rate, the greater the losses will inevitably be. To resolve this uncertainty, we plan to wind down the business within this year."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
