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Soitec sees SOI wafer growth in second half of year |
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May 09, 2007 at 04:02 PM |
 Soitec issued a cautious tone to its record setting revenues seen in 2006 as the adoption of SOI, especially on 300mm wafers, dramatically increased as IBM, AMD, Chartered and Sony ramped microprocessors.
However, Soitec believes that revenues will be flat in the first half of its financial 2007/8 but due to new product instructions from customers the wafer supplier and reiterated previous comments that it expects growth to return in the second half of the year and into early 2008. The company did not provide full year guidance.
In a statement the company said: "The Group will concentrate on improving its results with measures to adapt its cost structure to the current demand level without impacting the implementation of the new plant in Singapore."
Soitec is currently building a new SOI wafer plant in Singapore that is expected to start producing wafers by mid-2008.
The specialty wafer supplier had previously warned that its fourth quarter results would be impacted by lower demand for gaming microprocessors. Recently, Chartered noted that AMD was only using its minimum allocation of wafers at the foundry and that Xbox MPU's wafers continued to decline, though a shift to 65nm is due soon.
Semico has recently said that SOI sales are expected to grow by 40 percent in 2007.
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