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News Breaks | | | | September 19, 2012 | | 08:09 EDT |  | GTAT | GT Advanced Technologies making progress in talks on several new projects The company continues to advance its diversification efforts and new business initiatives outside of the PV segment. In its polysilicon business, the company continues to make progress in negotiations on several new projects in Southeast Asia and the Middle East. Initial engineering contracts may be signed by early CY2013 for one or more of these opportunities. Earlier this month, the European Commission announced an investigation into imports of PV modules and related components from China. While the outcome of this investigation is uncertain and may not be known for several months, if the EU implements substantial tariffs on PV products from China, this could have significant consequences for GT’s customers in China. The company has yet to determine the possible effects that the European trade developments may have on its CY13 financial performance but it will monitor developments and work closely with its customers to assess the situation. If necessary, the company is prepared to use its flexible business model to take cost cutting actions, which could be significant, as it has done in the past during periods of soft demand. | |
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News For GTAT From The Last 14 Days Check below for free stories on GTAT the last two weeks. |
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| May 17, 2013 | | 06:26 EDT |  | GTAT | GT Advanced to hold a conference call
Subscribe for More Information | | | May 16, 2013 | | 15:42 EDT |  | GTAT | GT Advanced acquires Thermal Technology
Subscribe for More Information | | | May 7, 2013 | | 07:24 EDT |  | GTAT | BofA/Merrill to host a conference
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