We discuss the opportunities of the cross-strait market from the perspective of the global industry.
The system's device is in contrast to the size of the market, so most of the system changes with the market's weight. We see that the European market accounts for 70% of the global market, but we see that some of them including the middle reaches are in East Asia because they face favorable policies and demand has increased rapidly. Under such circumstances, there are many companies that are trying to stabilize supply orders. The middle reaches of the company began to hope that the downstream, so the investment is easier. In East Asia, there are many manufacturers that have invested in systems, and some have even entered the downstream industry through team mergers and acquisitions.
Some experts predict that there is excess capacity, but manufacturers are very clear. The reason why they have expanded so much is that the larger the market is under the circumstances that PV reduces the cost of power generation.
Finally, in the part of silicon materials, Chinese and Korean companies will enter the top five global companies next year. In the end, there are no shortages of silicon materials. According to our latest statistics, about 30 companies are left, among which there is no shortage of small manufacturers, and the production capacity is not as good as expected. After the second half of the year, the price of silicon materials is declining. The continuous power generation cost of the entire photovoltaic industry is declining. I believe the trend of this industry moving to both sides of East Asia will continue. With the advantages of production and manufacturing, manufacturers across the Taiwan Strait will also increase their importance in this industry. When manufacturers meet this business opportunity, they can clearly see it in two years.
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