Xu Xiulan, chairman of Global Wafer, said at the regular shareholders meeting on June 25 that there is still no decision. But at the same time, the possibility of realizing investment is very high. The disclosure will be based on the finalization of the details. The official announcement of the month. Yonhap reported in April that Global Wafer will start an investment of 480 billion won in the Cheonan factory in the suburbs of Seoul.
Will increase the silicon wafer production capacity of 300 mm in diameter, to cope with the growth in demand of South Korea's Samsung Electronics and SK Hynix.
Global Wafer Co., Ltd. (the sixth largest chip company in the global market at the time) spent US$683 million to acquire SunEdison Semiconductor, which ranks No. 4 in the United States. It ranked third in the world after Japan’s Shin-Etsu Chemical Industry Co., Ltd. SUMCO.
Global Wafer said that in addition to South Korea, it also discussed increasing production investment in Japan and the United States, highlighting the stance of launching offensives with demand growth.
Xu Xiulan said at the shareholders’ meeting that the wafer orders will be almost full by 2020. He also revealed that negotiations have begun on the supply of 2021 to 2025 and customers. The wafer industry is moving towards monopoly, and companies are worried about price collapses. Investors are cautious about investing in large-scale production. Global wafers are seeing tight supply and demand and will strengthen their offensive. If there is a sharp increase in supply, there is a possibility of a price collapse, and global wafers will receive attention.