Soitec SA Share From reverse split
SOI: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| €357.00 | Yvpmfr | Qftjmgxxb |
Trimming Soitec's Fair Value Estimate to EUR 180 on Midterm Uncertainty
Business Strategy and Outlook
Soitec manufactures silicon-on-insulator, or SOI, and other engineered wafers for the semiconductor industry. Soitec 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, radiofrequency, and automotive applications.