Soitec doubles sales in 3Q

January 16, 2006 – Soitec, Bernin, France, posted fiscal 3Q06 sales of 70.9 million euros (US $86.1 million), up 11% from 2Q and up 112% from a year ago. Sales of 300mm wafers nearly doubled to 61% of sales (41 million euros/$50 million). Guidance for the full year has been raised up to >80% growth over the prior year, with “significant improvement” in operating margins for the second half of the year.

Soitec also said it is starting up two additional 300mm lines in its Bernin II facility, and will have a total of eight production lines installed during the next fiscal year.

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