The company claims that the poor EBIT was a direct result of price drops due to dumping, as it had to suffer impairment losses in inventories and advance payments of $41.3M and $99.7M respectively ...
While the Chinese are regrouping or retreating in the sound of cheers from CASM, as predicted, other Asian companies are moving in to fill the void ...
SunPower reported a net loss of $84.2M, increasing from $74.5M in the previous quarter, but a significant decrease from the loss of $147.9M in Q2 2011 ...