It is a confession! The announcement of the impairment of Polysilicon’s assets is waving the white flag to Chinese competitors, which dominate the largest photovoltaic market with some friendly governmental help. On the other hand, the announcement confirms your view on the company, which has remained too long in the polysilicon business without any good response to the changing market environment. As already announced, a cost cutting plan will be put in place and we recommend the publi
06 Dec 2019
St Nicolas unwraps his staff!
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St Nicolas unwraps his staff!
Wacker Chemie AG (WCH:WBO) | 0 0 (-0.9%) | Mkt Cap: 7,301m
- Published:
06 Dec 2019 -
Author:
Martin Schnee -
Pages:
2
It is a confession! The announcement of the impairment of Polysilicon’s assets is waving the white flag to Chinese competitors, which dominate the largest photovoltaic market with some friendly governmental help. On the other hand, the announcement confirms your view on the company, which has remained too long in the polysilicon business without any good response to the changing market environment. As already announced, a cost cutting plan will be put in place and we recommend the publi