Chinese Companies Prefer Dying to Being Bought

Chinese Companies Prefer Dying to Being Bought

Ariana Lindquist/Bloomberg

Workers of Suntech Power Holdings Co. assemble photovoltaic cells into a solar panel in Wuxi, China. Prices for solar panels dropped 47 percent last year to $0.94 a watt after the 10 largest makers of the traditional silicon-based panels, including Suntech, doubled production capacity in 2010.