China-based makers of solar wafers and cells have to pay cash or issue credit letters to procure materials, but need to wait when it comes time for them to get payment on products from downstream customers. There are examples of makers waiting a year and a half after delivery, resulting in a shortage of funds needed to maintain regular operations, according to industry sources in Taiwan. The China-based makers therefore have asked for shorter payment periods.
Reported by DigiTimes 3 hours ago.
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