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LDK Solar, the world's second- biggest maker of wafers that convert sunlight to power, will have part of its debts paid by the government of the Chinese city in which it is based.
Bloomberg
Foreign direct investment into China fell in June as an economic slowdown dampened companies' appetite for expansion.
BBC News
Sina Corp. (SINA), operator of the Twitter- like Weibo site in China, plans to start a new Internet television service, stepping up efforts to add multimedia content to win social networking users.
Bloomberg
Nikia will squeeze the current four big sales regions into two sales areas in China, namely the North and South sales regions, after its sales in the country dipped 18% to US$6.7 billion in 2011 compared with a 23% rise in 2010.
ZDNet
China's largest rare-earth producer plans to launch a trading platform, according to a company newsletter, in the nation's latest attempt to exert more control over the pricing of the strategically important minerals.
Wall Street Journal
The US solar industry is undergoing some serious growing pains, with bankruptcies and mergers a necessary part of that process; meanwhile, competition from China-based solar panels has many believing that US solar simply cannot compete.
CNBC
Imports of China-based solar cells and panels into the US decreased for the second straight month in May on year, according to the Coalition for American Solar Manufacturing (CASM).
Wall Street Journal
Canadian Solar is expected to decide within months whether to build a factory that could produce 700MW per year of new, more efficient solar cells, the firm's head said on Tuesday, with any facility likely to be in China.
Chicago Tribune
The LED lighting industry of Guangdong province, which accounts for 70% of the national output, may suffer more than CNY4 billion(US$628.6 million) in losses with the higher technical standards set by the European Union, the United States, Chile and Uganda.
China Daily
.Solarworld Plans China Anti-Dumping Case With EU Peers By Marc Roca - Jul 3, 2012 8:23 PM GMT+0800 .Facebook Share LinkedIn Google +1 0 Comments Solarworld, Germany's biggest solar-panel maker, plans to file an anti-dumping case against China-based competitors as part of a group of Europe-based manufacturers.
Bloomberg
China, the biggest supplier of solar power panels, quadrupled a domestic installation goal for solar energy projects to 21GW by 2015 to help absorb the excess supply of panels and support prices.
China Daily
As the Chinese economy continues to sputter, prominent corporate executives in China and Western economists say there is evidence that local and provincial officials are falsifying economic statistics to disguise the true depth of the troubles.
New York Times
China's top television brands still rely on Taiwanese panel makers for niche-size and high-end products, despite the increasing capacity of China's domestic firms, a research note by Swiss bank Credit Suisse said.
Taipei Times
The potential for Chinese fabless companies to reap greater rewards are already here, according to Allen Wu, president of ARM China. ARM-based SoCs, designed by Chinese fabless companies and shipped globally, jumped from 30 million units in 2007 to 615 million units in 2011.
EE Times
The dust is yet to settle on tariff determinations against China-based manufacturers, but the Coalition for American Solar Manufacturing (CASM) has released a statement warning of a "conspiracy to commit offense or to defraud the US".
PV-Tech
China has pledged CNY600 billion (US$95 billion) in bank loans to investors from Taiwan as part of its effort to build stronger ties with the island, the official Xinhua News Agency reported Sunday, citing a senior Chinese official.
Marketwatch.com (Dow Jones)
China's lighting suppliers producing light-emitting diodes (LED) and energy-saving products are expected to receive a huge subsidy, which experts said yesterday will speed up the industry's consolidation.
Global Times
Emerging-market stocks climbed to a two-week high as signs of a pick-up in technology demand and speculation China will take more steps to bolster economic growth overshadowed concern Europe's debt crisis will spread.
Business Week
The US Department of Commerce (DOC), responding to last autumn's petitions by SolarWorld and other members of the Coalition for American Solar Manufacturing (CASM), announced preliminary duties of 2.9-4.73% on crystalline silicon solar PV cells to counter Chinese subsidies to its solar PV manufacturers.
Recharge
The solar power industry has continued to forge ahead in Northwest China's Qinghai province since it topped the list of the province's top 10 major industries in 2010.
China Daily
Multinational semiconductor companies are no longer able to compete with China's fabless chips vendors in the consumer electronics IC business, according to Vincent Tai, CEO of RDA Microelectronics. "It's game over" for them, Tai asserted in a recent interview.
EE Times
China-based energy group Hanergy is set to buy part of Q-Cells, the insolvent Germany-based solar-panel maker, in a deal that highlights the buying power of Chinese energy companies in the troubled European solar market.
The Financial Times
Munich, Germany-based manufacturer Wacker Chemie has released a statement taking a firm stand against efforts to impose trade duties on China-made solar modules in the European Union.
PV-Tech
Japan and China said Tuesday they will start direct currency trading this week, marking the first time Beijing has let a major unit other than the dollar swap with the yuan.
AFP (via Yahoo News)
Energy Matters
China is developing third-generation photovoltaic technology, which may help China-based solar makers circumvent heavy duties imposed by the US, according to He Zuoxiu, an academician at the Chinese Academy of Sciences.
China Daily
US renewable-energy subsidies in five states violate free-trade rules, China's Ministry of Commerce said today.
Business Week
Solar companies Suntech Power Holdings Co Ltd and Trina Solar Ltd said their first-quarter margins were squeezed as they set aside money to offset anti-dumping tariffs imposed by the US government on solar panel imports from China.
Reuters
China should respond forcefully and make every effort to let the United States withdraw the unfair and harsh ruling, so as to avoid a trade war between the two countries in the solar power sector, said Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission.
People's Daily
A move designed to punish China-based solar panel makers that charge unfairly low prices in the US could, ironically, end up hurting American-based solar panel installers, a fast-growing sector of the green economy.
CNNMoney
Wall Street Journal
When will the stock price of China solar panel makers stop collapsing? When China starts switching to solar power. In other words, unless there are bottom feeders in the market with a long-term bullish outlook on the sector, 2012 promises to be a killer for China solar. Yet, despite US government's anti-dumping charge against them on Friday, industry insiders said at a conference in Shanghai that they were hopeful for a rebound.
Forbes
According to the latest Quarterly Advanced Global TV Shipment and Forecast Report published by market analysis firm DisplaySearch, 2012 will see significant growth in the shipments of LED-based LCD TVs and 3D-capable HDTV displays. Over the course of this year, there is expected to be a rise in the market share held by LCD TVs equipped with LED backlight technology to 70.1 percent, which is a sizable increase compared to 2011 when the share was only 45.3 percent.
HDTVtest
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