July 30, 2014 11:39 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of X-FAB Semiconductor Foundries AG

Company Overview

X-FAB Semiconductor Foundries AG operates as a foundry for analog and mixed-signal semiconductor applications. It manufactures silicon wafers for mixed-signal integrated circuits. The company manages product development flow and supply chain for its customer’s semiconductor products. It offers technical support, online support, technical documentation, design support, prototyping and manufacturing support solutions, outsourcing and process transfer management, and e-business services; and analog/mixed-signal reference kits for the adoption of constraint-driven design, mixed-signal simulation, floorplanning, schematic-driven layout, automated routing, and timing-driven digital block implement...

Haarbergstrasse 67

Erfurt,  99097

Germany

Founded in 1999

Phone:

49 361 427 6000

Fax:

49 361 427 6111

Key Executives for X-FAB Semiconductor Foundries AG

Chief Executive Officer and Director
Age: 53
Chief Financial Officer
Chief Operating Officer
Executive Vice President
Chief Technology Officer
Compensation as of Fiscal Year 2014.

X-FAB Semiconductor Foundries AG Key Developments

X-FAB Silicon Foundries Expands MEMS Manufacturing Capabilities with Two New Dedicated MEMS Fabs

X-FAB Silicon Foundries announced it has reached a major milestone in further expanding its MEMS manufacturing capabilities in two of its German locations, Erfurt and Itzehoe. Driven by increased customer demand for MEMS manufacturing services, the expansion includes two new dedicated MEMS fabs with cleanroom space totaling more than 2,000 m(2). MEMS devices manufactured at X-FAB include pressure sensors, micro-mirrors, microphones and microfluidic devices used in mobile, consumer, medical and automotive applications. Customers requiring CMOS and MEMS solutions also benefit from access to X-FAB's existing CMOS wafer fabrication facilities. In Erfurt, X-FAB will access 1,300 m(2) of new manufacturing space dedicated for MEMS operations alongside its existing CMOS and MEMS semiconductor fabs on site. The new clean room will be used for high-volume manufacturing of 200mm MEMS and related processes with the first equipment to be installed in December this year. In Itzehoe, X-FAB is moving its operation into a new 1,000 m(2) fab commonly used with Fraunhofer ISIT, a renowned research institute for microelectronics and microsystems technology also located in Itzehoe. The new 200mm fab enables X-FAB to increase manufacturing capacity and expand its process capabilities. In addition, X-FAB will expand its R&D cooperation with Fraunhofer Institute. The Itzehoe fab was officially opened on May 28, 2014 with the first tools already installed.

X-FAB Group Announces Executive Changes

X-FAB announced that Rudi De Winter will become sole chief executive officer of X-FAB Group as of June 2014, a move he and Hans-Juergen Straub planned and prepared together for the past three years while they served as co-CEO's. Hans-Juergen Straub, who has served as CEO since X-FAB's inception 22 years ago, will continue to serve on the Board of Directors of X-FAB Silicon Foundries SE.

X-FAB Silicon Foundries Announces Earnings Results for the Fiscal Year 2013; Provides Sales Guidance for the First Quarter of 2014

X-FAB Silicon Foundries announced earnings results for the fiscal year 2013. For the period, the company reported sales of USD 290 million, an increase of 12% compared to the previous year with sales of USD 259 million. Operating loss amounted to USD 16 million, which is an increase of USD 36 million compared to the previous year, and earnings before tax (EBT) were at USD 18 million. First quarter sales in 2014 are expected to increase by 18% compared to the same quarter last year.

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