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Siltronic AG is a manufacturer of wafers made of hyperpure silicon, the basis for modern micro- and nanotechnology. The Munich-based company is one of the world's leading manufacturers of wafers for the semiconductor industry.
The company, which makes silicon wafers used in semiconductor chips, posted 2024 revenue of 1.41 billion euros ($1.45 billion), down from 1.51 billion euros a year earlier. "For the year 2025, we ...
(Reuters) -German semiconductor materials supplier Siltronic reported forecast-beating third-quarter results and raised its core profit margin for 2024 on Thursday, due to delayed customer ...
“2024 is a transition year," Siltronic CEO Michael Heckmeier said on Wednesday. Chip industry is still ‘at the end of a down cycle,’ says German semiconductor CEO as he opens a $2.2 billion ...
In 1978, Wacker Siltronic Corporation was founded in Portland, Oregon [8] and in 1983 expansion of the company began in Asia with the addition of facilities there. [3] In 1987, a wholly-owned subsidiary of Wacker Chemie AG, DRAWIN Vertriebs GmbH was founded in Ottobrunn, Upper Bavaria. [9]
The deal to acquire Siltronic failed in 2022 when the German Government failed to clear the deal by the required deadline. [5] After their acquisition attempt to acquire Siltronic failed GlobalWafers announced that they would be putting the more than 3b USD earmarked for the acquisition towards capacity expansion. [6] [7]
Listen and subscribe to Stocks in Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts.. 2024 was a year of financial surprises for many investors. The S&P 500 index ...
The Frankfurt Stock Exchange is the largest stock exchange in Germany and most major German public companies are listed on it. It is owned by Deutsche Börse which also operates Xetra . There are also many non-German companies listed on the Frankfurt Stock Exchange.