Maxeon Solar Technologies (MAXN) has released an update.
Maxeon Solar Technologies faces U.S. Customs detentions for its solar modules over potential anti-forced labor violations but no conclusive findings of forced labor have been reported. The detentions relate to documentary deficiencies which the company is addressing, and a response from U.S. Customs is expected after the company submits the necessary documentation. Investors are advised to consider this development in light of the company’s ongoing efforts to comply with regulations and maintain import operations in the U.S.
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