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LDK Solar Reaches Agreement to Terminate Wafer Contract

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XINYU CITY, China and SUNNYVALE, Calif., Nov. 13, 2012 /PRNewswire/ -- LDK Solar Co., Ltd. ("LDK Solar (LDK)") (NYSE: LDK), a leading vertically integrated manufacturer of photovoltaic (PV) products, today announced that it has reached an agreement with a Europe-based PV customer to terminate their long-term solar wafer supply agreement. Under the terms of the agreement, originally signed in 2008, LDK Solar was to supply multicrystalline silicon wafers over a ten-year period. As part of the original agreement, the PV customer made an advanced...

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