Daqo’s Q4 2024 Revenue Drops as Polysilicon ASPs Fall

China-based polysilicon manufacturer Daqo New Energy Corporation has reported a 1.56% year-over-year (YoY) drop in revenue to $195.4 million in the fourth quarter (Q4) of 2024 from $198.5 million. The company attributed the drop in revenue to a decrease in the average selling price (ASP) of polysilicon.