The current bottlenecks in the supply of chips are providing a boost for the German high-tech company Siltronic. Overall, a good start to the year can be expected, the Munich-based company announced on Wednesday. Although costs, which are rising significantly due to inflation, are a burden, the market environment remains positive and sales prices are expected to increase significantly, it said, adding that demand remains high. In this environment, the company's wafers - thin slices of silicon that form the basis for electronic chips - are in high demand among chip companies.
In the past year, Siltronic increased sales by 16 percent to around 1.41 billion euros, based on preliminary figures. The operating result (Ebitda) increased by 41 percent to 466 million euros. This corresponds to a profit margin of 33 percent.
On Tuesday, it was announced that the takeover of Siltronic by the Taiwanese group Globalwafers had failed. The background to this is a failure to obtain approval from the German Ministry for Economic Affairs and Climate Action.
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