Siltronic revenue falls 14% in first half on weak demand

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:German semiconductor materials supplier Siltronic reported a 14 per cent drop in half-year sales on Thursday, due to weak demand in the wafer market.

The company, which makes silicon wafers used in semiconductor chips, posted revenue of 694.

"However, this is not yet reflected in our order situation due to still elevated inventory levels".

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Sales Company Inventory Weak Siltronic Cent Semiconductor Demand Euros Million Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 13:20:40 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 239 words

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Sentences: 11 lines

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Copyright Owner: © Channel News Asia

News ID: 21769483

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