REC Silicon Q4 Revenue Rises on Semiconductor Strength, Signals Recovery
The company will shut down polysilicon production at its Butte facility to optimize operations
February 8, 2024
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Norway-based polysilicon manufacturer REC Silicon reported a revenue of $40.5 million in the fourth quarter (Q4) of 2023, a 28% year-over-year (YoY) rise from $31.6 million, driven by strong performance in the semiconductor business.