Hanwha SolarOne announces retirement of chairman, CEO Ki-Joon Hong SolarOne announced its Chairman and CEO Ki-Joon Hong has retired from the company. Chairman Hong was appointed a Director of Hanwha SolarOne on October 8, 2010 and subsequently became CEO on June 27, 2011. A replacement is expected to be announced by the end of April.
Hanwha SolarOne sees Q4 module shipments 400-425 MW Hanwha SolarOne said earlier: "The outlook for the fourth quarter is good. We expect a new record in module shipments, stable to improving average selling prices due to strong module demand and tight supply, and an increase in the proportion of modules sold to higher-priced markets, such as the EU and U.S. We also aim to further reduce manufacturing costs, which should further increase profitability. We also expect to begin development of our first IPP project."