Taiwan’s GlobalWafers to acquire Germany’s Siltronic AG

GlobalWafers will be world's second-largest silicon wafer producer once merger deal completed in late 2021

Taiwan News
Date: 2020/12/10
By: Matthew Strong, Taiwan News, Staff Writer

GlobalWafers Chairwoman Doris Hsu (CNA photo)

TAIPEI (Taiwan News) — Taiwan’s GlobalWafers Co. (環球晶) has signed a merger agreement with Germany's Siltronic AG, allowing the world’s third-biggest silicon wafer manufacturer to move up to the No. 2 spot, reports said Thursday (Dec. 10).

If the acquisition is completed as expected during the second half of 2021, the enlarged company should have a global market share of 26.7 percent, ranking behind only Japan’s Shin-Etsu Chemical, CNA reported. The process would involve GlobalWafers buying up at least 65 percent of Siltronic’s shares, with 100 percent costing an estimated NT$130 billion (US$4.6 billion).

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