The company expects wafer shipments of 1.8 to 2 GW, down from a previous forecast of 2.7-2.9 GW, and module shipments of 750-800 MW, down from 800-900 MW. For the year, the company now sees gross margin of 15%-20%, down from a previous forecast of 24%-29%.

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For 2013, the company expects PV module shipments of 3.2 GW to 3.3 GW, up 39.4% to 43.7% from 20120.

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