Hanwha SolarOne (HSOL) is a fully integrated Korean-Chinese company involved in the production of polysilicon, wafers, ingots, cells and modules as well as system installation. The company received a big boost when its parent Hanwha group acquired German solar company Q Cells, making Hanwha one of the largest solar companies in the world. The Hanwha Group now has plants in China, Malaysia and Germany. The company is now expanding capacity as its capacity cannot keep up with the demand. The company is able to command high ASPs by focusing on higher price geographies such as Japan. Hanwha Solar did well in the last quarter and is showing signs of a turnaround. HSOL has seen a significant pullback in the last...
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