SMA Solar sees no China threat to business: CEO

NIESTETAL, Germany (Reuters) - SMA Solar expects Chinese rivals, the biggest threat to the German photovoltaic industry, will not be able to muscle in to its lucrative business, its chief executive told Reuters.

NIESTETAL Germany (Reuters) - SMA Solar expects Chinese rivals, the biggest threat to the German photovoltaic industry, will not be able to muscle in to its lucrative business, its chief executive told Reuters.

Shares in the world's biggest maker of solar inverters closed 16 percent higher on Tuesday after SMA hiked its outlook, lifting market hopes that subsidy cuts in Germany would not lead to a slump in demand during the second half.

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