MEMC
had
a
$4.5m
net
loss,
or
2
cents
a
share,
a
year
earlier.
First
quarter
sales
were
$519.2m,
down
29%
from
$735.9m
a
year
earlier
and
also
a
28%
decrease
from
$717.8m
in
fourth
quarter
2011.
“The
sequential
decrease
was
primarily
driven
by
lower
solar
project
sales,
significantly
lower
solar
wafer
volume
and
pricing,
and
weaker
semiconductor
wafer
volume
and
pricing,”
MEMC
says
in
a
statement.
The
company
is
moving
to
limit
wafer
sales
to
external
parties
and
focus
production
for
internal
consumption.
MEMC’s
solar
energy
division
had
$303.2m
revenue
in
the…
