Related by context. Frequent words. (Click for all words.) 63 vertically integrated 53 diversification 48 geographic diversification 47 unbundling 46 sourcing 45 monopolistic 45 synergistic 45 profitability 45 efficiencies 45 oligopoly 45 synergy 45 rationalization 44 synergies 44 consolidation 44 differentiation 43 supply chain 43 subsidization 43 core competency 43 commoditization 43 operational efficiencies 42 divestiture 42 diversifying 41 mechanization 41 monopolization 41 import substitution 41 cyclicality 40 geographic footprint 40 joint ventures 40 operational excellence 39 gross margin 39 Value Chain 39 destocking 39 fabrication 39 Diversification 39 value proposition 39 gross margins 39 strategic partnerships 39 capex 39 operational efficiency 38 strategic 38 suppliers 38 raw material 38 centralization 38 Synergies 38 grid parity 38 maximize shareholder 38 key differentiator 38 internationalization 38 profit margins 38 customer centricity 38 merger 38 integration 38 monopoly 38 pricing 38 consolidations 38 overcapacity 38 continuous improvement 38 beneficiation 38 duopoly 37 Profitability 37 predatory pricing 37 differentiated 37 greenfield 37 maximizing shareholder 37 feedstock 37 deregulation 37 maximization 37 acquisition 37 polysilicon 37 manufacturing 37 modularity 37 complementary strengths 37 commoditized 37 refining 37 leverage 37 rationalizing 37 grow organically 37 capital expenditure 37 innovation 37 cyclical downturn 37 customer centric 37 cannibalization 37 crystalline silicon 37 traceability 37 standardization 36 profitable 36 core competencies 36 highly fragmented 36 raw materials 36 anticompetitive 36 merged entity 36 conglomerates 36 diversify 36 strategic alliances 36 mega mergers 36 divestment 36 complementary 36 packagers 36 corporatisation 36 diversified 36 standalone