Siltronic AG

Siltronic’s Q3 financial results are out! Despite another challenging quarter, we can confirm our guidance for the full year 2024. Q3 2024 was marked by the ongoing subdued demand from the semiconductor industry. Compared to the previous quarter, we achieved a slight increase in sales of 1.7 percent to EUR 357.3 million. Our EBITDA margin slightly decreased from 25.8 percent in Q2 to 25.0 percent in Q3.   As we navigate our way through these challenging times, we are encouraged by our medium- and long-term growth potential. Although the current market situation has not yet led our customers to fully deplete their inventories, we are well-positioned to benefit from all megatrends, including Artificial Intelligence. With our strategic investments in expanding production capacity and improving the product mix, we are in an excellent position to profitably serve this future growth. Read our full press release: https://lnkd.in/d5arCQES #Siltronic #Q3 #FinancialResults

Yesterday, I had the honor of representing Siltronic AG as a panelist at the #DigitalGipfel2024 – a renowned summit on the topics of digital innovation, digital sovereignty, and international cooperation.   In a thought-provoking session titled "Beyond Bits and Bytes: With the semiconductor industry into Germany's (digital) future", I sat down with industry experts to discuss the critical role of #semiconductors, with a strong focus on Germany and Europe’s competitive ambitions.   A big thank you to my fellow panelists Kai Beckmann, Jo De Boeck, Katharina Westrich and Sonja Pierer for our insightful discussion. And a special thanks to our host, Maike Asmussen, for her excellent moderation.

🌟 Hope Glows Bright at the Out of the Darkness Walk 🌟    Last weekend, 17 Siltronic Portland employees and their families proudly participated in the #OutOfTheDarkness walk to raise funds for the American Foundation for Suicide Prevention (AFSP).   At #Siltronic, we are committed to supporting mental health advocacy and suicide prevention. Events like this walk are essential in breaking the silence and reducing the stigma surrounding mental health issues. Funds raised go directly to AFSP’s programs focused on research, education, and support.    We walk for hope, awareness, and solidarity with those affected by mental health struggles. Always remember that you are not alone. 💙 

Ready, set, go! 🏃 This month, the 33rd International Half Marathon took place in Altötting, Bavaria – and we couldn't miss it. With over 2400 pre-registrations and an additional 100 on race day, the wind and cold did not sway the participants. A total of 24 Siltronic employees took part and gave a remarkable performance, earning us 6th place in the overall company ranking. Some of our runners proudly earned podium finishes in their age groups, including in the 6K race, 6K walk, and 1.3K hobby run. 🏅 A big thank you and congratulations to our #TeamSiltronic for their engagement and outstanding performance! 🏆

Last week, our #Siltronic team took part in the #Webelieveinportland clean-up event. It was an incredible opportunity to give back to our community and show our commitment to the place we work and live. A huge thank you to everyone who joined us in making a positive impact. Together, we're making a difference!

Gestern besuchte Bayerns Wirtschaftsminister Hubert Aiwanger unseren Produktionsstandort in Burghausen und betonte die zentrale Rolle von Siltronic für die Zukunft des Wirtschaftsstandorts Bayern. 💡 Unsere hochmodernen Siliziumwafer leisten einen entscheidenden Beitrag zur Unabhängigkeit Europas in Schlüsseltechnologien – denn ohne sie wären weder Computer und Smartphones noch Elektroautos und Windkraftanlagen denkbar. Trotz der aktuellen Nachfrageschwäche bleiben wir ein unverzichtbarer Pfeiler der Innovation und sind fest von dem Wachstum der Halbleiterindustrie überzeugt. Mit der Unterstützung der Politik setzen wir uns gemeinsam dafür ein, dass #Bayern ein starker Industriestandort bleibt.

Wir freuen uns, als Siltronic AG Teil des Appells der sächsischen Wirtschaft zu sein! Als eines von 60 führenden Unternehmen in Sachsen unterstützen wir den Appell „Unternehmen für Sachsens Zukunft - der Freistaat braucht die Energiewende“ und fordern einen entschlossenen Ausbau erneuerbarer Energien. 🌍💡 🔹 Ziel: Die Wettbewerbsfähigkeit des Freistaats sichern und Sachsen als attraktiven Wirtschaftsstandort stärken. 🔹 Forderungen: Mehr politischer Rückhalt, schnellere Genehmigungsverfahren und umfassender Netzausbau. Mit über 12.000 Mitarbeitenden aus verschiedenen Branchen setzen wir uns gemeinsam für eine nachhaltige Zukunft ein. 💪🌱 Erfahren Sie mehr über unsere Forderungen und die Details des Appells hier: https://lnkd.in/dg2grjBG 📊 #Energiewende #Unternehmen #Zukunft #Sachsen #Nachhaltigkeit #Wirtschaft

Time flies, and my start at Siltronic AG has been no different.    Today, I look back on my first 100 days as COO of Siltronic with a deep sense of satisfaction. Having now visited all Siltronic sites – Burghausen, Munich, Freiberg, Portland and Singapore – I would like to thank all colleagues for the very warm welcome.    Just 10 days into my new role, I was honored to take part in the Grand Opening Ceremony of our highly anticipated new 300 mm fab in Singapore – a historic milestone for Siltronic.     In Portland, I saw firsthand the high level of engineering expertise we have in the automation of systems and processes during a fab tour kindly organized by the site management.     This excellence of course extends to our production sites in Burghausen and Freiberg as well, which fills me with pride and confidence in our ability to meet our challenges and enable profitable growth for the future.    I leave you with a few pictures from my first months at Siltronic, including one from my first photo shoot with my dear Executive Board colleagues CFO Claudia Schmitt and CEO Dr. Michael Heckmeier.

Huge congratulations to ESMC on the groundbreaking ceremony in Dresden! 🎉 Thank you for inviting us to this remarkable event — it was an honor to be part of such a historic moment. This milestone marks not only a new chapter for TSMC and its Joint Venture partners Infineon Technologies NXP Semiconductors and Bosch but also a significant leap forward for the semiconductor ecosystem in Saxony, Germany and Europe. We deeply value our strong relationships with all Joint Venture partners. The new fab in Dresden brings us even closer, both geographically and through our shared commitment to innovation and growth. The proximity to our Siltronic AG Freiberg site unlocks exciting new opportunities for collaboration.

This week, U.S. Senator Ron Wyden (D-Ore.) visited Siltronic’s #Portland site to engage with its leadership and employees. He was warmly welcomed by Site President Subramania Krishnakumar and members of the site management team. His visit aimed to gain insights into Siltronic’s #semiconductor manufacturing processes and explore potential collaborations to enhance domestic production. During his visit, Senator Wyden reaffirmed his dedication to enhancing American manufacturing, especially within the semiconductor sector. He highlighted plans to introduce incentives aimed to strengthen semiconductor supply chains and fostering innovation across the United States. Additionally, he was impressed by Siltronic’s #sustainability strategy, particularly their new solar field. #Siltronic expressed gratitude for Senator Wyden’s support of U.S. manufacturing, emphasizing the crucial role of public-private partnerships in advancing technological progress and ensuring a reliable global supply of semiconductors.