SunEdison (SUNE) Said to Trim Solar Cell Orders with Taiwan Suppliers

November 6, 2015 3:06 PM EST

SunEdison (NYSE: SUNE) is said to have cut orders with Taiwan-based solar suppliers.

Digitimes noted that the move might stem from a recent 15 percent downsize to SunEdison's headcount along with a 20 percent lower PV installation capacity target for 2016.

The Taiwan suppliers said that SunEdison's cut will not have a great impact given a ramp in orders from other companies.

Shares of SunEdison are up nearly 2 percent Friday afternoon on light volume.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insiders' Blog