To Our Shareholders and Investors
Let me first express my gratitude to our shareholders and investors for your continuous support.
Demand for semiconductors continues to grow as more and more items, all around us, are connected to the internet, generating dramatic changes to the fabric of social infrastructure.
Supply-and-demand conditions for our flagship 300mm silicon wafer products continue its tightness as leading edge technology triggered improved functionality, and demand for memory rose in line with the rapid growth in data traffic.
The demand and supply balance for our 200mm wafers has also starting to tighten on the back of strong demand for semiconductors used in automobiles, as well as improved demand from the telecommunications and industrial sectors and budding demand from the growing Internet of Things.
Since the first quarter of this fiscal year, SUMCO has been exploiting these healthy demand conditions in repeated negotiations with customers aimed at achieving more appropriate levels of pricing.
While our business environment is starting to undergo considerable change, our Group will maintain the SUMCO Vision and steadily develop state-of-the-art technologies that can meet customer expectations for highly precise and distinctive products. Through these effort, the Group would be able to further enhance its presence. We are also working to boost business performance by taking advantage of the current tight supply conditions to pursue productivity improvements and secure more appropriate product pricing.
I ask for your continued support and cooperation in these latest endeavors to promote sustainable future growth for SUMCO.
Mayuki Hashimoto, Representative Director
Chairman & Chief Executive Officer
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