Sino-U.S. twin-crystal M&A project completes the first leap in semiconductor revenue

Sino-U.S. Crystal stated that after nearly 8 months of negotiations with the seller's marathon-style rebate and liaison with banks to organize joint loan operations, its subsidiary Global Wafer successfully completed the acquisition of Japan's CovalentMaterial on this (3/29) day. The important task of the semiconductor business division, the two sides have also completed the merger and acquisition price payment and equity transfer. With the addition of new members, since the second quarter, the revenue of semiconductors in the Sino-U.S. Group will grow nearly threefold, exceeding the current share of solar products.

Sino-U.S. Crystal stated that the products of CV Semiconductor Division enjoy a high reputation and quality image in the industry. From 6 inches to 12 inches, the vertical supply chain system covers the processes of crystal growth, slicing, polishing, diffusion, and epitaxial growth. The company owns more than 350 patents and is a self-developed technology for leading-edge processes and next-generation products in various fields. It is highly competitive and cannot be replaced in the domestic semiconductor industry in Japan or in the world. Therefore, CV Semiconductor The Division has long been an internationally-required supplier for large-scale semiconductor companies, which can make up for the insufficiency of global wafers in large-size silicon wafer technology and production capacity. It has an additive effect. In particular, CV Semiconductor's 12-inch wafers are NAND Flash memories. Leading suppliers, with handheld devices and smart phones increasingly becoming the mainstream of market consumption, Global Wafer, through this acquisition, not only increased the level of technology, but also expanded the full range of product applications.

Sino-U.S. Crystal stated that with this acquisition, Global Wafer has a total of seven semiconductor factories in the world, covering four major regions, including Taiwan/Mainland/US/Japan, plus a long-established European market. With the economic/global division of labor and favorable conditions for resource integration, Global Wafer will start with a global logistics strategy and gradually build a resource integration platform such as joint procurement/technology management/manufacturing/manufacturing/business integration/quality control systems within the group. Comprehensive performance appears at the fastest speed.

It is worth mentioning that Globitech, originally owned by its US subsidiary, has grown rapidly in recent years and has ranked the largest epitaxial plant in North America. This time, it will join CV Semiconductor's same-scale epitaxial plant capacity. Universal wafers will also have US Japan and other two major semiconductor market, the supply of professional epitaxial process energy supply, is even more powerful, extending the business tentacles downstream, to meet customers in all regions of the world one-stop shopping, and play a competitive advantage of the district supply.