Maxeon Announces Restructuring of Business Portfolio
MAXNMaxeon Solar Technologies(MAXN) Prnewswire·2024-11-26 21:00

Maxeon to Focus Exclusively on U.S. Market, Executes Term Sheets with TCL Group to Address Rest-of-World MarketsSINGAPORE , Nov. 26, 2024 /PRNewswire/ -- Maxeon Solar Technologies (NASDAQ: MAXN) today announced a broad strategic restructuring of the Company's business portfolio and geographic market focus. Going forward, the Company intends to focus exclusively on the U.S. market where its market presence and planned local manufacturing footprint create a strong platform to drive growth and profitability. A ...