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BUILDING ON THE PAST, READY FOR THE FUTURE: - MEMC

BUILDING ON THE PAST, READY FOR THE FUTURE: - MEMC

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Jon Jansky of <strong>MEMC</strong> St. Peters has the rapt attention of Bob<br />

Sandfort, Meyer Gallow, and Ludger Viefhues in 1993.<br />

to position itself for the time when the market<br />

would turn around. In March 1997, the first phase<br />

of the 300mm research and development line at<br />

St. Peters was completed, and 300mm wafers<br />

were being shipped to customers worldwide.<br />

Additional investments in the Utsunomiya,<br />

Japan, facility, totaling some $250 million, were<br />

announced in October of 1997.<br />

By 1998, an industry-wide recession was in full<br />

swing. It was the first year since 1985 that yearover-year<br />

demand for silicon wafers actually<br />

decreased. Overcapacity in the semiconductor<br />

device industry remained a problem, aggravated<br />

by a slowing economy in Asia and out-and-out<br />

recession in Japan. Compared to the U.S. dollar,<br />

the Japanese yen and Deutsche mark remained<br />

strong, further undercutting already weak prices<br />

and margins.<br />

<strong>MEMC</strong> was featured in the July 2005 issue of<br />

Semiconductor International.<br />

Strictly Business 65

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