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Business

DuPont sells silicon wafer business

by Marc S. Reisch
September 14, 2019 | APPEARED IN VOLUME 97, ISSUE 36

 

DuPont has signed an agreement to sell its compound semiconductor business to South Korea’s SK Siltron, a leading maker of silicon wafers, for $450 million. The business has state-of-the-art technologies to produce the wafers for the power electronics market, according to DuPont. It is no longer a strategic priority, however, and the company says it is focusing on “higher-return opportunities.” Many South Korean firms have been beefing up their production capabilities as political and trade tensions increase with Japan, which also makes silicon wafers.

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