By Kari Williamson
Expected wafer shipments now stand at 285-290 MW (previously 350-400 MW) and solar module shipments are expected to reach 185-190 MW (compared to previously forecast 250-300 MW).
LDK Solar says the gross margin is expected to be a negative 3.5-5%.
The guidance for the full year 2011 has also been reduced with revenues now expected to reach US$2.2-2.25 billion (previously US$2.5-2.7bn). Wafer shipments could reach 1.55-1.65 GW (previously 1.8-2 GW) and solar module shipments are expected to amount to 550-650 MW (previously 750-800 MW).
The gross margin for 2011 has been reduced from 15-20% to 9-12%.