See:

http://www.renewableenergyworld.com/rea/news/article/2012/05/bankruptcy-fears-for-chinas-ldk-solar-due-to-market-downturn

This always happens with rapidly growing, emerging markets. It is a sign of
robust capitalism. The failure of the U.S. Solyndra company was regrettable
but such things always happen when the technology is changing rapidly and
prices are falling. It is a game of musical chairs: there are always more
products being developed and more companies involved than the market can
sustain. Once the product matures then you have stability and profits for
the winners. That was true of automobiles in 1910, microcomputers in the
early 1980s, and it will be true of cold fusion if it ever takes off.

- Jed

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