March 12, JLM Pacific Epoch - Jiangxi-based multicrystalline wafer maker LDK Solar (NYSE:LDK) has narrowed its outlook for fourth quarter revenue to between $300 million and $310 million, compared to a previous forecast of between $280 million and $310 million, LDK announced March 11.

The company now expects wafer shipments to come in between 330MW and 340MW in the fourth quarter, compared to previous guidance of between 320MW and 340MW, while module shipments will be between 20MW and 25MW, at the low end of previous guidance of between 20MW and 30MW, LDK said.

For the full year 2010, LDK predicts that its revenue will be in the range of $1.35 billion to $1.45 billion, with wafer shipments between 1.3GW and 1.4GW and module shipments between 300MW and 400MW. LDK anticipates 2010 gross margin of between 15-20% and polysilicon production of between 4,500MT and 5,500MT in 2010.