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Wednesday 18 December 2024
GlobalWafers receives US$406 million Chips Act funding for Texas and Missouri plants
GlobalWafers has disclosed that its two US subsidiaries will receive up to US$406 million in direct funding from the US Department of Commerce under the Chips Act.
Monday 2 December 2024
GlobalWafers subsidiary Topsil gains recognition for advancing green energy ecosystem
Topsil GlobalWafers A/S, a Danish subsidiary of GlobalWafers, is a global leader in Float Zone (FZ) technology, catering primarily to the green energy sector. Recently, the company...
Wednesday 6 November 2024
GlobalWafers' profit slumps through 3Q24; CEO expects 90%+ utilization for 12-inch wafers
High client inventory levels and slower clearance rates contributed to a slowdown in GlobalWafers' silicon wafer shipments for 2024, resulting in a 38.9% drop in after-tax profit...
Monday 21 October 2024
Oversupply of SiC substrates drives prices down, challenging GaN market
The significant expansion of Chinese manufacturers' SiC substrate production capacity in 2024 has led to oversupply and a sharp decline in prices, rapidly expanding the applicable...
Friday 11 October 2024
SAS's new big three outshine in 2024, bolstering growth beyond semiconductors
Sino-American Silicon Products Group (SAS) continues to thrive, with GlobalWafers solidifying its position among the world's top three semiconductor silicon wafer producers. Yet,...
Wednesday 7 August 2024
GlobalWafers cuts 2024 revenue outlook to high-single-digit drop
Silicon wafer company GlobalWafers has revised its revenue growth projection for 2024 to a decline in the high single digits. The revision was downgraded for the second time this...
Wednesday 17 July 2024
GlobalWafers receives US$400 million of CHIPS Act funding
On July 17, the Biden-Harris Administration announced a non-binding Preliminary Memorandum of Terms (PMT) between the US Department of Commerce and GlobalWafers America, LLC and MEMC...
Thursday 20 June 2024
Taiwan's solar sector struggles for survival amid land shortage
Chairman of Sino-American Silicon Products (SAS) and Taiwan Photovoltaic Industry Association, Hsiu-Lan Hsu, confirmed that the new cabinet's solar energy strategy remains opaque...
Wednesday 19 June 2024
GlobalWafers expects substantial growth in 2025
GlobalWafers has reiterated its sales growth outlook for this year, which calls for sequential growth through the fourth quarter. The silicon wafer company anticipates significant...
Wednesday 19 June 2024
GlobalWafers receives EUR103 million subsidy for Italian fab
GlobalWafers announced on June 18 that, following the European Commission's Directorate-General (DG) approval of GlobalWafers' Italian subsidiary MEMC Electronic Materials' plant...
Wednesday 8 May 2024
GlobalWafers bullish about HBM memory demand
AI is fueling demand for HBM memory, and silicon wafer company GlobalWafers is gearing up for the demand surge with additional production capacity, according to company chairperson...
Wednesday 24 April 2024
GlobalWafers cautious about 1H24 chip market
Silicon wafer company GlobalWafers has expressed a prudent outlook regarding the market conditions for chips in the first half of 2024.
Thursday 7 March 2024
GlobalWafers expects flat revenue growth in 2024
Silicon wafer company GlobalWafers anticipates flat revenue growth in 2024, with the possibility of a minor uptick in the single-digit range. However, due to increased equipment depreciation...
Thursday 11 January 2024
Global semiconductor industry to grow in 2024, says GlobalWafers
The semiconductor environment in 2024 remains complex, beginning slowly and subsequently gaining momentum, according to Doris Hsu, chairperson for silicon wafer company GlobalWafer...
Wednesday 29 November 2023
Spirox, Southport advance into SiC substrate testing
Spirox and its subsidiary Southport have unveiled a new SiC substrate testing system, which is now being tested in collaboration with customers such as GlobalWafers and Wafer Works...