Search results for GlobalWafers
Industry
Wafer supply bottleneck drives longer-term contracts
As supply bottlenecks for AI semiconductors spread from high-bandwidth memory and substrates to silicon wafers, long-term supply agreement terms have extended to as long as 10 years from a standard 3 to 5 years. Wafer capacity expansion has stalled while advanced packaging has increased wafer consumption. Micron provided $500 million in strategic financing to GlobalWafers and signed a 10-year agreement. South Korean memory makers are also shifting toward 5-year-plus lock-in and capacity-linked contracts.
Industry
SK to sell Siltron to Doosan for 2.3 trillion won
SK Corp said on Thursday it signed a share purchase agreement to sell 47,322,350 common shares of SK Siltron to Doosan Corp for 2.3 trillion won, or 2.68% of SK Corp’s equity capital. The stake equals 70.6%. The deal is set to close on Jan. 31, 2027. SK Corp said the sale is aimed at strengthening financial soundness and securing funds for future growth.
Industry
Micron shares jump nearly 8 percent after new U.S. supply chain investment plan
Micron shares jumped sharply after the company announced new investment aimed at strengthening the U.S. semiconductor supply chain. The stock rose 7.9 percent to close at $1,023.79, regaining the $1,000 level. Micron said it will make up to $3 billion in new strategic investments and expand its U.S. investment plan through 2035. The plan includes support for GlobalWafers’ Texas operations and a 10-year silicon wafer supply agreement.