Date: Dec 05, 2016
By: Staff writer, with CNA
GlobalWafers Co (環球晶圓) has vaulted itself into the position of third-largest silicon wafer supplier in the world after it completed a deal to acquire NASDAQ-listed SunEdison Semiconductor Ltd.
The deal helps GlobalWafers take a 17 percent share of the global silicon wafer market, up from 7 percent, to compete with rivals such as Shin-Etsu Chemical Co Ltd and Sumco Techxiv Corp. Before the deal, GlobalWafers was among the top six silicon wafer firms in the world.
In a statement released on Friday, GlobalWafers said that the acquisition is expected to allow the firm to have “a meaningful expansion of its production capabilities and breadth in product and global customer base, including greater access to [South] Korean and EU as well as SOI (Silicon-on-Insulator) product technologies and capacity.”
GlobalWafers chairwoman and chief executive officer Doris Hsu (徐秀蘭) said in the statement that the company has 17 operation sites strategically located in 10 countries in all regions. [FULL STORY]