As per the agreed terms, the company will supply 120 million units of 6-inch wafers. The delivery of the wafers will begin in May 2013 and go on up to December 2014.
Commenting on the deal, LDK Solar president and CEO Xingxue Tong said that the company will now improve its position in the Chinese solar market through the sales agreement.
"We believe the China region, which is expected to reach 10 gigawatts (GW) in 2013, represents the strongest global growth opportunity.
"This contract demonstrates the continued demand for our solar wafers. We are confident that our high quality wafers can meet new market requirements," concluded Tong.
