SHANGHAI, May 15 (SMM) – “Overcapacity” and “weak demand” have become two keywords for the silicon industry in 2012 as the European debt crisis leads to sluggish exports.
In China, due to climbing production costs, partly caused by climbing power rates, and rapidly contracting demand due to operation losses downstream, the silicon market has become a buyer’s market.
Under this background, SMM will hold the 2012 International Silicon Industrial Chain Forum during Jul. 4-6, discussing how to improve profitability with more pricing power, integral development of upstream and downstream and westward relocation of the industry amid overcapacity, climbing costs and sluggish demand.
SMM will also organize for forum participants in-dept business tours on the entire silicon industrial chain of South Korea. More details to come tomorrow.