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Thursday, November 13, 2008 2:23:52 PM
LDK did make a large purchase with a competitor of GT Solar, JYT Corporation. And it was said that GT Solar did not meet the deadline for one or multiple pieces of equipment for either the wafer expansion or silicon expansion, and that LDK was possibly showing that they were going to cut ties with GT Solar (if LDK Solar ever does cut ties with GT Solar, it would be DRAMATIC for GT Solar and its shareholders since i beleive 70% of GT Solars revenues come from LDK!!!).
However, it is more of a result that Peng, LDK's CEO is being more cautious in having 2 suppliers to rely on instead of just one.
Also, LDK has recently made a gigantic purchase with Applied Materials - something else for GT Solar employees, and shareholders, to worry about.
But in short, there is no termination of buying from GT Solar, at least yet. If there was, get the heck out of SOLR right away though! lol
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