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Sino-American Crystal: Yilan Factory Workers on Special Leave Due to Weak Solar Cell Orders - News Directory 3

Sino-American Crystal: Yilan Factory Workers on Special Leave Due to Weak Solar Cell Orders

December 12, 2024 Catherine Williams News
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Original source: cna.com.tw

Solar Cell Slump Forces US-Based Manufacturer to Implement Temporary Leave

Yilan, taiwan ⁤- Sino-American Crystal, ⁢a leading US-based manufacturer of solar cells, has announced a temporary leave ⁣program for some employees at its Yilan factory due ⁢to a slowdown in orders. The company cites weak demand in the ⁢Taiwanese solar market and a high volume of imported solar modules as contributing factors to the underutilization of its production capacity.

“The capacity⁢ utilization ⁢rate at‍ our Yilan solar cell factory is currently low,” explained a Sino-American Crystal representative. “To address this situation, we have implemented a program allowing eligible employees to take special leave in advance of the upcoming⁣ Lunar new Year holiday.”

The company emphasized ‍that this measure is distinct from unpaid leave and that employee salaries will not be affected for February. while the exact number‍ of⁣ employees impacted remains undisclosed, Sino-American Crystal confirmed that it ⁤represents less than 5%⁤ to 6% of the Yilan plant’s total ‍workforce.

To navigate this challenging period, Sino-American Crystal is actively ‍pursuing opportunities in overseas⁣ markets, particularly the United States. The company hopes that expedited government approvals for solar power ⁣plant construction will stimulate the domestic solar energy market and contribute to a broader recovery.

Slumping Solar Market Forces US Solar Cell Maker⁣ to Implement ⁢Temporary Leave Programme

Yilan, Taiwan – Sino-American Crystal, a leading US-based manufacturer ⁤of solar ‍cells, is⁢ facing a challenging period marked by ⁢weakening demand in the Taiwanese solar market. As a result, the company has implemented a⁣ temporary leave‍ program for some employees at its Yilan factory.

A company representative cited “low capacity utilization rates” as the driving force behind the decision, emphasizing that the program allows eligible employees ‍to take special leave in advance of the upcoming Lunar New year holiday. Importantly, the representative stressed that this is not unpaid leave, and employee salaries will remain unaffected for February.

While the exact number⁤ of ⁤employees impacted remains undisclosed,Sino-American Crystal confirmed that less than 5% to 6% of the Yilan plant’s workforce will be affected.

Despite these challenges, the company remains⁤ optimistic about the future. They are actively pursuing opportunities in overseas markets,⁣ especially the United States, hoping that expedited government approvals for solar power plant construction will stimulate the domestic solar ‍energy market and lead to broader recovery.

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