About us

our strategy

Whilst the strategic review remains ongoing the Group will continue to produce wafers and to operate in cash conservation mode in 2017.

Cash conservation focus

The Group will continue to operate in cash conservation mode with block production output aligned to our wafering capacity. We will phase out our own ingot production and transition to purchase of ingots from an external supplier.

Our long-term strategy
How we will achieve this in 2017  
2016 priorities

Cash conservation

  • Transition to purchase of ingots from third party supplier
  • Phase out and close United Kingdom ingot production facilities during 2017
  • Retain wafering and blocking operational capabilities
  • Focus on securing favourable outcome in arbitration proceedings
  • Ingot production output aligned to wafering capacity
  • Retain operational capabilities
  • Reduce polysilicon inventory by producing wafers and trading excess polysilicon
  • Focus on securing favourable outcome in arbitration proceedings

Continued focus on operating cost reductions

  • Other supplier price reductions
  • Production efficiencies
  • Higher yields
  • Other supplier price reductions
  • Production efficiencies
  • Higher yields

Focus on further developments of the leading silicon processing technology

  • Working with customers to increase product quality and develop the next generation of wafer technology
  • Working with customers to increase product quality and develop the next generation of wafer technology

Continued focus on major PV companies

  • Enhance relationships with existing customers
  • Developing new customers
  • Enhance relationships with existing customers
  • Developing new customers
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