According to foreign media reports, OCI Holding, South Korea's leading polysilicon producer, recently announced that. In the second quarter of this year, the company's consolidated revenue reached 1.0231 trillion won (about 4.78811 billion yuan, 1 yuan ≈ 213.78 won), and its operating profit was 108 billion won (about 5
. The company has been profitable for three consecutive quarters.
The company recently reportedly signed a long-term supply agreement (LTA) with a new U.S. customer, currently 3.
The company plans to increase its polysilicon production capacity from the current 3 by 2029.
Earlier in April, South Korean media reported that OCI Malaysia and SpaceX were negotiating a polysilicon supply contract. In terms of
silicon wafer business, NEOSILICON, indirectly owned by OCI, also plans to increase its silicon wafer production capacity to
October 11.2025 by 2029. OCI Holding announced that its wholly-owned subsidiary, OCI TerraSua, had acquired the Elite Solar Power Wafer Co.
, with a total investment of $1. The plant will be expanded to 5 in six months. Meanwhile, OCI said that the wafer plant uses polycrystalline , OCI revealed that the wafer plant has recently signed a long-term supply agreement." It is expected to start supplying new customers in the United States next year.
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