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5N Plus renews and increases CdTe materials supply agreement with First Solar

What happened

5N Plus has renewed and expanded its supply agreement with First Solar for cadmium telluride (CdTe) semiconductor materials. This secures a long-term, stable supply channel for a key component in First Solar's thin-film photovoltaic modules. Neutral: The agreement locks in supply for a major buyer but does not indicate a broader market shortage or price pressure for CdTe materials.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

CdTe Semiconductor Materials
5N Plus IncFirst Solar Inc
supply-agreementrenewalsolar

Source and time

Source: Semiconductor Today · 6/4/2024 · View original source

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