The Future of Taiwan Solar: Will Recent Gains Continue?

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In a welcome departure from recent trends, Taiwan saw its solar industry revenues rise by 7.5% on increased shipment to China, Japan and the U.S. The gains arrest five months of declines, but do they signal a turnaround for the industry? Green Energy Technology's Swean Lin, for one, believes they do. As executive vice president for Taiwan's largest solar wafer maker, which alone gained a 66% rise in revenue in October, Lin sees the uptick in demand as pointing to what he hopes will be a transformation in the market. He envisions a day when performance trumps the downward spiral of pricing and demand and supply return to balance.

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