[Concall] Hanwha Solutions "Q CELLS Division Aims to Turn Profitable Next Year"
[Asia Economy Reporter Hwang Yoon-joo] Hanwha Solutions stated on the 28th during the Q3 earnings announcement and conference call that "Hanwha Q CELLS aims to return to profitability next year," adding that "it is necessary for polysilicon and wafer supply to move in a different direction than this year."
They continued, "This year was a challenging year overall due to costs and logistics," and "the market conditions exceeded the predictable range."
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Furthermore, they said, "Around the second quarter of next year, the supply of polysilicon and wafers is expected to loosen compared to now," and "if wafer and polysilicon capacity expansions come after the second quarter of next year, it will be possible to avoid the same situation in the upstream value chain as this year."
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