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Siltronic

#4987

Rank

$1.28B

Marketcap

DE Germany

Country

Siltronic
Leadership team

Dr. Christoph von Plotho (Chairman of Exec. Board & CEO)

Mr. Rainer Irle (CFO, Labor director & Member of Exec. Board)

Mr. Klaus-Peter Estermaier (Head of Supply Chain Center & Strategic Planning and Employee Rep. Member of Supervisory Board)

Products/ Services
Electronics, Hardware, Industrial Manufacturing, Manufacturing, Semiconductor
Number of Employees
1,000 - 20,000
Headquarters
Muenchen, Bayern, Germany
Established
1968
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
WAF.F
Social Media
Overview
Location
Summary
Siltronic AG, together with its subsidiaries, manufactures and sells hyperpure semiconductor silicon wafers with diameters of up to 300 mm worldwide. It offers polished and epitaxial wafers. The company also provides special products, such as Ultimate Silicon, an optimal crystal for polished wafers; PowerFZ, a wafer product based on the float zone method; and HIREF, a high reflective non-polished wafer product. Its silicon wafers are used in computers, smartphones, flat screens, sensors, industrial equipment, navigation systems, electric cars, wind turbines, and other applications. The company was formerly known as Wacker Siltronic AG and changed its name to Siltronic AG in 2004. Siltronic AG was founded in 1953 and is headquartered in Munich, Germany.
History

The company was founded in 1968 as Wacker-Chemitronic Gesellschaft für Elektronik-Grundstoffe mbH in Burghausen and changed its name to Wacker Siltronic GmbH in 1994. The company was renamed as a stock corporation in 1996. In 2004, the company changed its name to Siltronic AG.

The company manufactures silicon wafers with diameters of up to 300 mm at its two German production sites in Burghausen and Freiberg, as well as at sites in Asia and the USA. The company is a member of the Silicon Saxony association/industry association.

In 2020, it was announced that Siltronic would be sold to Taiwanese manufacturer GlobalWafers, a subsidiary of Sino-American Silicon Products , for a good 3.7 billion euros. The offer was increased to around 4.4 billion euros in 2021. According to the two companies, the merger would create a leading supplier to the wafer industry with a comprehensive product portfolio and the ability to offer technologically advanced products to all semiconductor customers. Siltronic AG is in advanced discussions, nearing completion, regarding a takeover offer from GlobalWafers. But the deal did not receive regulatory approval on time. GlobalWafers already acquired SunEdison's semiconductor business in 2016.

Mission
We provide our customers with quality wafers and a strong global network of production, service and support to achieve maximum performance.
Vision
We strive to become a global leader in the wafer industry and be the preferred supplier for our customers. We aim to consistently offer high quality products, superior technology and customer service to exceed customer expectations.
Key Team

Dr. Andreas Muhe (Sr. VP of Operations)

Dr. Rudiger Schmolke (Sr. VP of Technology)

Dr. Volker Braetsch (Sr. VP of Sales & Marketing)

Mr. Bernhard Schmidt (Sr. VP of Engineering)

Verena Stutze (Head of Investor Relations & Communications)

Recognition and Awards
Siltronic has been recognized for its achievements with several awards, including the 2018 Top Innovator Award from TUV SUD and REC Silicon. The company was also recognized as the 2014 Most Reliable Supplier Award from Agere Corporation.
References

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Siltronic
Leadership team

Dr. Christoph von Plotho (Chairman of Exec. Board & CEO)

Mr. Rainer Irle (CFO, Labor director & Member of Exec. Board)

Mr. Klaus-Peter Estermaier (Head of Supply Chain Center & Strategic Planning and Employee Rep. Member of Supervisory Board)

Products/ Services
Electronics, Hardware, Industrial Manufacturing, Manufacturing, Semiconductor
Number of Employees
1,000 - 20,000
Headquarters
Muenchen, Bayern, Germany
Established
1968
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
WAF.F
Social Media