GlobalWafers says capital for failed Siltronic takeover to go into capacity expansion

GlobalWafers says capital for failed Siltronic takeover to go into capacity expansion

Photo by Josh Appel on Unsplash

Taiwan’s GlobalWafers Co Ltd said on Sunday that funds for a failed 4.35-billion-euro ($4.98 billion) takeover of German chip supplier Siltronic would go into capacity expansion instead.