China’s Tongwei Bids to Buy Rival and Hasten Solar Consolidation
Chinese polysilicon giant Tongwei Co. plans to buy a smaller domestic rival, as the industry bids to shrink chronic oversupply of the solar-panel material.
By Ocean Hou · Bloomberg Markets
Chinese polysilicon giant Tongwei Co. plans to buy a smaller domestic rival, as the industry bids to shrink chronic oversupply of the solar-panel material.