Taiwan-based solar cell maker Neo Solar Power (NSP) reported December revenues of NT$663 million (US$22 million), down 44.05% on month and 71.26% on year. Accumulated revenues reached NT$20.577 billion, up 2.14% on year.

According to NSP, continuous price drops in solar products in December caused the firm to reduce shipments.

Gintech's December revenues reached NT$1.34 billion, up 1.13% on month and down 43.40% on year. Accumulated revenues were NT$18.81 billion, down 33.19% on year.