ACCOMPLICES:Local firms are suspected of colluding with Chinese companies to circumvent trade barriers, but only a few of them were implicated, the ministry said
Date: Dec 07, 2015
By: Lisa Wang / Staff reporter
Most Taiwanese solar companies under investigation by the EU are likely to be exempted from anti-circumvention measures, as they do not help Chinese firms re-export cheap solar products to avoid EU import quotas, the Ministry of Economic Affairs (MOEA) said yesterday.
Chinese solar panel and cell manufacturers are suspected of exporting near-finished solar products to third nations, including Taiwan and Malaysia, where local firms assemble the final products before exporting them to Europe.
A total of 80 companies from Taiwan and Malaysia are under an anti-circumvention probe and could face heavy fines, according to market researcher TrendForce Corp (集邦科技). [FULL STORY]