Siltronic Expects Sales Growth from AI and Electric Vehicles in the Next Five Years
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Translated data:
German semiconductor material manufacturer Siltronic anticipates a significant increase in sales and profitability over the next five years, driven by major trends such as artificial intelligence, digitization, and electric vehicles. The company plans to invest approximately 3 billion euros globally to meet the growing demand for silicon wafers and derivative products. Additionally, Siltronic intends to boost its production capacity to cater to the increasing demands from sectors like electric vehicles, artificial intelligence, and 5G technologies.
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