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LDK Solar expects 2008 revenue of $960 mln-$1 bln

NEW YORK, Jan 2 (Reuters) - Solar wafer maker LDK Solar Co Ltd LDK.N reported on Wednesday it expected revenue in 2008 to be between $960 million and $1 billion.

The Jiangxi, China-based company also forecast wafer shipments of 510 MW to 530 MW in 2008, and 1,050 MW to 1,150 MW in 2009. It also forecast gross margins between 26 percent to 31 percent in 2008, and 42 percent to 50 percent in 2009. (Reporting by Ritsuko Ando; editing by Sue Thomas)

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