Siltronic AG Stock

Description Siltronic

Siltronic is a German company that specializes in the production of silicon wafers, which are a crucial component in the manufacturing of semiconductor devices such as microchips and processors. The company was founded in 1953 and is headquartered in Munich, Germany. Siltronic is one of the world's leading manufacturers of silicon wafer products, with manufacturing facilities in Germany, Singapore, and the United States. The company's customers include some of the world's largest semiconductor manufacturers. Siltronic is listed on the Frankfurt Stock Exchange and is a constituent of the SDAX index, which tracks the performance of small and mid-cap companies in Germany. According to its financial reports for 2020, Siltronic generated revenues of €1.32 billion and had a net profit of €228 million.

Competitors of Siltronic

Siltronic is a publicly traded semiconductor manufacturer based in Germany, providing silicon wafers for the electronics industry. Its most important competitors are:

1. Applied Materials Inc. (AMAT) - An American-based company that is a leading supplier of semiconductor manufacturing equipment and services.

2. Lam Research Corporation (LRCX) - An American company that designs and manufactures equipment used to make semiconductors.

3. Shin-Etsu Chemical Co., Ltd. (SHECY) - A Japanese company engaged in manufacturing silicon wafers, semiconductor materials, and other electronic materials.

4. Sumco Corporation (SUOPY) – A Japanese firm that supplies silicon wafers and materials to semiconductor manufacturers worldwide.

5. SK Siltron Co., Ltd. (SKLTF) – South Korean-based company that manufactures and supplies semiconductor materials including silicon wafers.

These major competitors have operations worldwide, and Siltronic faces stiff competition in terms of product quality, pricing, and innovation. However, Siltronic has a reputation for producing high-quality products and for being a reliable supplier to the semiconductor industry.