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Current Research on MEMC Electronic Materials Inc.

Publication: M2 Presswire
Publication Date: 31-JAN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 January 2007-Blue Chip News: Current Research on MEMC Electronic Materials Inc.(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:30012007

MEMC Electronic Materials doesn't waver from its devotion to wafers. MEMC supplies silicon wafers to some of the world's leading semiconductor makers. The company makes wafers in sizes ranging from 100mm to 300mm -- four inches to one foot -- in diameter. In addition to its standard prime polished wafers, MEMC makes epitaxial wafers (which have an added layer of single-crystal silicon) for advanced chips, as well as lower-grade wafers used to test chip making equipment and production lines. The company also makes solar-grade polysilicon, which goes into making photovoltaic solar cells. An investment group headed by Texas Pacific Group owns about 25% of MEMC.

Shares were down 3% retreating from the 52 week high the company hit on Friday.

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