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Soitec (XPAR:SOI) Policy Acquisition Expense


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What is Soitec Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Soitec (XPAR:SOI) Business Description

Industry
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Address
Parc Technologique des Fontaines, Chemin des Franques, Bernin, FRA, 38190
Soitec is a French company that manufactures and sells engineered wafers for the semiconductor industry. Soitec is the number one provider of silicon-on-insulator, or SOI, wafers worldwide and also provides other engineered substrates like gallium nitride or silicon carbide. Soitec sells wafers to fabrication plants that use the them to produce chips. Soitec has facilities in France, Singapore, and China and plans to expand its capacity by 75% from 2022 to 2026.