Delivering in Silicon Photonics Is All That Matters To Justify Current Valuation

Soitec manufactures silicon-on-insulator and other engineered wafers for the semiconductor industry. It buys plain silicon wafers and re-engineers them, adding layers of materials to improve efficiency and reduce power consumption. Foundries like Samsung or GlobalFoundries use SOI as it allows them to produce more-efficient chips without the need for investing in smaller node sizes, hence saving money and reducing capital intensity. SOI is especially suitable for mobile, radio frequency, and automotive applications.