Electronics Production | January 17, 2006

Soitec sales up 122%

Soitec, a French manufacturer of silicon-on-insulator (SOI) wafers and other engineered substrates, announced consolidated sales of 70.9 million Euros for the third quarter of the financial year 2005-2006.
In absolute terms, this represents growth of 122.6% on a year-on-year basis and 11.9% on a sequential basis. Group sales totalled 185.5 million Euros for the nine months year to date representing growth of 88.8% on a year-on-year basis.

Particularly strong demand for 300mm wafers, 61% of sales in the quarter versus 32% a year ago and sustained 200mm volume growth underline third quarter wafer sales of 67.6 million Euros. This represents growth of 123.6% (111.4% at constant exchange rates) year on year and 11.9% sequentially.

Soitec and Advanced Micro Devices have signed an SOI wafer supply contract worth a total of more than $150 million for the calendar year 2006. This most recent contract is part of the multi-year agreement announced last year for the long-term supply of 200mm and 300mm UNIBOND™ SOI wafers manufactured using Soitec's proprietary Smart Cut™ process.

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