Komax Solar orders hit rock bottom in 2012; headcount reduced 50%

17 Jan. 2013 by

PVTECH - New orders of back-end module assembly equipment at Komax Solar declined a massive 90% in 2012 on the back of overcapacity, consolidation and capitulation of customers, especially in Asia and China in particular.

In releasing preliminary 2012 financial results Komaz Group reported total sales of approximately CHF285 million, down from CHF371.4 million in 2011.


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