Has the progress been made in the "production reduction and price support" in the silicon material sector? Industry insiders: Leading silicon material enterprises have basically reached a consensus.

date
13/05/2025
On the same day, there were rumors in the market that the industry is planning for the top 6 silicon material manufacturers to acquire the remaining silicon material production capacity. A reporter from the Economic Observer learned from industry insiders that the photovoltaic silicon material sector currently holds a "meeting" once a month, with middle-level executives from companies attending to discuss reducing production related topics. Currently, several top silicon material companies intend to jointly promote production capacity integration, but discussions are still needed on how to proceed. "Currently, the top silicon material companies have basically reached a consensus." Today, a reporter from the Economic Observer also learned from a top silicon material factory that the first step of the consensus is to reduce production, with the top companies drastically cutting production to deplete silicon material inventory. The second step is to eliminate production capacity, with the current basic approach being to achieve the elimination of tail-end production capacity through acquisitions. "In terms of funding, financial institutions will need to provide a large amount of support in the early stages, with financial institutions exiting through future profits."