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THE WISE WIZARD

I'm lost! But I know I'm around here some place.
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China Solar Boom Erodes Technology Edge Backed by $5.5 Billion U.S. Loans

Seeded on Thu Nov 3, 2011 3:46 PM EDT
Read ArticleArticle Source: Bloomberg.com
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Seeded by The Wise Wizard
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China's success in wresting control
of the solar industry is erasing an advantage for U.S. suppliers
led by First Solar Inc. (FSLR), which use a rival technology supported
with $5.5 billion in government loan guarantees.

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iz gots a ?

“It seems likely to significantly pressure First Solar’s margins,”

not good

    Reply#1 - Fri Nov 4, 2011 1:42 PM EDT
    The Wise Wizard

    Agree, US solar companies under price pressures from day one on cost,China committed to under price the whole sector until they control the market.

      Reply#2 - Fri Nov 4, 2011 3:06 PM EDT
      iz gots a ?

      I really dislike some of those Chinese.

        #2.1 - Fri Nov 4, 2011 3:39 PM EDT
        Reply
        The Wise Wizard

        Very competitiive for sure. Trying to do with solar what the Japanese did to the auto industry.

          Reply#3 - Fri Nov 4, 2011 3:43 PM EDT
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