Michael Heckmeier News Today

Germanys Siltronic has opened a $2.2 billion wafer factory in Singapore as demand for chips used in mobile devices, electric vehicles and data centers increases.

EQS-News: Siltronic AG / Key word: Quarter Results/Quarterly / Interim Statement As expected, Siltronics Q1 2024 earnings continue to be impacted by weak demand due to elevated...

German chip equipment supplier Siltronic reported a 27.5% drop in first-quarter core profit on Thursday, a week after it slashed annual targets due to customers still high inventories. ...

Siltronic: "The start of the year continues to be characterized by weak demand due to increased inventories at our customers. It is still not possible to predict when inventories will return to a normal level," CEO Michael Heckmeier said in a statement.

Siltronic plans to gradually cease production of polished and epitaxial small diameter wafers at its Burghausen site. The process, which excludes unpolished wafers, is set to be completed in 2025.

Siltronic stands its ground in 2023 despite difficult market environment - Financial year 2024 still characterized by weak demand Sales decline...

EQS-News: Siltronic AG / Key word(s): Annual Report Siltronic stand its ground in 2023 despite difficult market environment ...

Siltronic expands its Executive Board: Klaus Buchwald becomes Chief Operating Officer Munich, Germany, March 12, 2024 - Effective August 1, 2024, the Supervisory Board has...

EQS-News: Siltronic AG / Key word: Personnel Siltronic expands its Executive Board: Klaus Buchwald becomes Chief Operating Officer 12.03.2024 / 07:13 CET/CEST The...

EQS-News: Siltronic AG / Key word(s): Personnel Siltronic expands its Executive Board: Klaus Buchwald becomes Chief Operati...