Singapore-based Maxeon Solar Technologies reported a challenging Q3 2024. The company's shipments dropped to 199 MW from 526 MW in Q2. Its revenue fell sharply to $88.56 million, down from $184.22 million. The company recorded a gross loss of $179.10 million, compared to a $7.79 million loss in the prior quarter. Maxeon attributes this to CBP detentions, factory shutdowns, and low production levels. The company is now aiming its strategy toward the US market, focusing on local manufacturing. Maxeon claims it will ensure liquidity for operations and restructuring. The firm withheld Q4 guidance and postponed its conference call. However, Q4 shipments are projected at 610 MW to 650 MW, with revenue estimated at $220 million to $260 million.