Cheng Mei Materials, a leading polarizer manufacturer, has reported weaker-than-expected panel demand for the third quarter. With the possibility of China adjusting its production capacity during the National Day holiday in October, the company has adopted a cautious outlook for the quarter. Cheng Mei anticipates a decrease in utilization rates from 90% to 80% but plans to continue adjusting its product mix, focusing on high-value business segments.
Cheng Mei adopts cautious outlook amid uncertain panel demand in 3Q24
22
Aug