Non cash impairment charges are favorable to outright cash charges as "cash is king". It's a reduction in assets but basically just a balance sheet write down, and it will improve "working capital" going forward. The key here is a likely future movement in positive cash flow which will be reflected going forward, and a focus on key areas of the business. Market will take note likely that this will improve future cash flow. It alleviates some of the debt concerns.
They made a smart deal when they sold the silicon manufacturing plant to China, and they made sure to add in a multi year agreement for up to 3 gigawatts to help further expand their global reach