LDK, seen by many as the most challenged of all the struggling Chinese PV giants, now expects to haul in revenues of just $950m-$1bn in 2012 – down from its prior view of $1.1bn-$1.5bn.

LDK sees much of the shortfall coming in the final quarter of the year, when it foresees revenue of $230m-$290m – less than half of what some analysts had previously predicted.

LDK,