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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.
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...
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...
Tuesday 8 June 2021
GF, GlobalWafers extend partnership
Globalfoundries has announced that the foundry and silicon wafer supplier GlobalWafers have struck a US$800 million agreement to add 300mm silicon-on-insulator (SOI) wafer manufacturing...
Tuesday 29 December 2020
GlobalWafers to raise spot quotes for silicon wafers
GlobalWafers has run all its production lines for 12-, 8- and 6-inch silicon wafers at full capacity, according to company chairperson Doris Hsu. The silicon wafer supplier plans...
Monday 22 June 2020
Taiwan firms cannot take sides in US-China row, says SAS chair
Many enterprises around the world are facing increasing pressure to take sides in the wake of the US-China trade tensions, but Taiwanese firms with global operations can hardly do...
Thursday 25 April 2019
GlobalWafers leads 8-inch silicon wafer market in Europe
GlobalWafers' Novara plant in Italy dedicated to making 8-inch silicon wafers became the largest supplier of 8-inch silicon wafers in Europe in 2018, with a 24% market share, according...
Friday 2 November 2018
Large-size silicon wafer supply to stay tight through 2020, says GlobalWafers chairperson
Tight supply of 8-inch and 12-inch silicon wafers will persist into 2020 thanks to strong market demand despite the US-China trade conflicts, but customers have shown mixed demand...
Monday 10 July 2017
NSIG hires former MEMC CEO
China's National Silicon Industry Group (NSIG) has hired Nabeel Gareeb, former CEO of MEMC Electronic Materials, to help it establish a materials eco-system in China.
Monday 13 May 2013
MEMC reports 1Q13 net sales down 26% sequentially
US-based polysilicon maker MEMC has reported first-quarter 2013 financial results with net sales of US$443.6 million, down 26% on quarter and 15% on year. The firm reported first-quarter...
Thursday 16 February 2012
MEMC reports 16% sequential decrease in 4Q11 revenues
US-based polysilicon provider MEMC Electronic Materials has announced financial results for the fourth quarter and full year 2011 that reflected the continued challenging environment...
Thursday 29 December 2011
Commentary: A recap of the solar market, 2004-2011
Managing a business is like managing a battle. The many problems and challenges require the management to have good organization and coordination skills. Mostly importantly, the management...
Friday 9 December 2011
MEMC to cut 1,300 jobs worldwide
US-based solar firm MEMC Electronic Materials (MEMC) has announced a series of actions to be taken during the fourth quarter of 2011 and the first quarter of 2012 that will reduce...
Thursday 8 December 2011
Polysilicon spot price stabilizes at US$25/kg
The spot price of polysilicon has been stabilizing around US$25/kg. Industry sources indicated the price has been closing in on the variable costs of many Europe- and US-based polysilicon...