Aixtron purpose of this thread

Page 11 --> Timing of MiniLed and MicroLed at Osram (though they might not be Aixtron customer for this): https://www.osram-group.de/~/media/Files/O/Osram/...e-06112020-de.pdf  

ist die Seite 8 gemeint?

https://www.osram-group.de/~/media/Files/O/Osram/...112020-de-new.pdf
 

Crocky, sorry, Du hast absolut Recht - ich meinte die Seite 8. Habe mich nicht an Regel 1 gehalten ("kein Posting vor dem zweiten Kaffee!").  

Nein, es hat mit Kaffee nichts zu tun ;-)))
Ich vermute, dass OSRAM eine Stunde später eine geänderte Version hochgeladen hat. Die Datei aus deinem Link ...06112020-de.pdf war nicht mehr verfügbar, ich könnte nur eine andere Datei mit dem Namen ...06112020-de-neu.pdf finden, und  kann mir sehr gut vorstellen, dass in deiner Version es die Seite Nr. 11 war!
 

Canada Pension Plan Investment Board
AIXTRON SE DE000A0WMPJ6 2,60 % 2020-11-05
AIXTRON SE DE000A0WMPJ6 2,53 % 2020-11-04
AIXTRON SE DE000A0WMPJ6 2,35 % 2020-07-14

hat letzte Woche am Mittwoch und Donnerstag insgesamt 0,25% - ca. 282.300 Stück leer verkauft.
 

Hi everybody,

i recommend looking at Infineon's latest investor presentation (link: via Investor Relations 2020 Q4 Investor presentation - unfortunately my copy/paste function seems to be broken right now, sorry). Slide 30 headline: "SiC is switching gears". Message is (my interpretation): the market for SIC Applications is set to grow by >70% from 2020 to 2021, in absolute values roughly from 90m to 150m.

Also the slide states that Infineon so far has 60 SIC customers as of today with more than € 10k revenues. (Not a high € number in my view, but there you go).

Next slide: They seemingly have a broad SIC product portfolio and it will grow further in the next years.

@CWL, DLG, Baggo etc: On slide 48 & thereafter they talk about near-term growth in 3D TOF which I think also relates to VCSEL. I lack the knowledge if this links to Aixtron (VCSEL), can you help?


2021 Capex is guided at 1.4-1.5bn, which after 1.1bn in 2020 implies a 32% increase at mid-point. The phasing of Capex in 2020 is also interesting: Q1-Q4 = 255m, 247, 266 and 332. e.g. it ramps through the year with 2021 seeing a further ramp-up.
If this holds throughout the industry this is very positive for Aixtron!

Regards,
Fel

 

Hi,
I don't know where Infineon stands in image sensing + TOF that Sony is the supplier to Apple.  Most likely Infineon just buys the VCSEL chips to make components out of them.
Regards,
CWL  

With a total investment of 12 billion yuan, the Mini/Micro LED chip project of Sanan Optoelectronics will be put into production in March next year and it will be effective
2020-11-10 17:12

According to the news from Jiwei.com, according to the news from the Gedian Economic and Technological Development Zone in Hubei Province, the Mini/Micro LED chip industrialization project of Sanan Optoelectronics is expected to be put into operation in March next year. This is China's first large-scale micro-light-emitting diode chip project . The products are mainly supplied to companies such as Samsung, Huawei, and Apple.

In July 2019, the Sanan Optoelectronics Mini/Micro LED chip industrialization project was officially started in Gedian Development Zone. According to the Ezhou Development and Reform Commission at the time, the Sanan Optoelectronics Mini/Micro LED chip project covers an area of ​​about 756 mu and has a total investment of 12 billion yuan . With a total construction area of ​​477,700 square meters, it will build a R&D and production base for the three major product series of Mini/MicroLED gallium nitride chips, Mini/MicroLED gallium arsenide chips, and 4K display packages. It is expected to form an annual output of 2.1 million MiniLED chips. 2. R&D and manufacturing capabilities of 260,000 Micro LED chips and 84,000 4K display packaging products.

The project is constructed in two phases. After it is completed, it will form a Mini/MicroLED chip industrial production base with independent intellectual property rights, master core technology, and master the right to speak in the industry, and with important international influence. It will also bring optoelectronic chips and a new generation of power devices. , RF chips and filters, Micro display screens and their upstream and downstream industrial chains settle in and gather effect.

The data of Gedian Economic and Technological Development Zone pointed out that after the project is completed, it is expected to produce 1.61 million gallium nitride chip series, 750,000 gallium arsenide chip series, and 84,000 4K display packaging products . With the progress of the project, large-scale equipment will also be commissioned into the factory one after another, preparing for the smooth commissioning in March next year. (Proofreading/Xinongluo)

 

https://www.sohu.com/a/430891224_166680  

Sanan is still Aixtron customer? do you have a guess how many tools this project will consume?  

I believe so.  The report says 750,000 GaAs (red LED), so I would guess 50+ eventually.  

Hi all, interesting article on Samsung and its very ambitious Chip investment plans. Not sure if this has any implications for Aixtron's end-markets, but nevertheless worth a read. Regards, Fel

(Bloomberg) -- Samsung Electronics Co. is pouring $116
billion into its next-generation chip business that includes
fabricating silicon for external clients, betting it can finally
close the gap on industry leader Taiwan Semiconductor
Manufacturing Co. as soon as two years from now.
South Korea’s biggest company will mass-produce 3-nanometer
chips in 2022, a senior executive at its foundry division told
attendees at an invite-only event last month. That target, which
hasn’t previously been reported, means it’s on a path to start
churning out the industry’s most advanced semiconductors the
same year as its Taiwanese rival expects to pass that milestone.
Samsung is already developing initial design tools with key
partners, Park Jae-hong, executive vice president of foundry
design platform development, told conference delegates.
If Samsung succeeds, that will be a breakthrough for its
ambition to become the chipmaker of choice for the likes of
Apple Inc. and Advanced Micro Devices Inc. that now rely on
foundries like TSMC. The business isn’t new to Samsung, which
was the first manufacturer of Apple’s A-series iPhone
processors, but the company’s renewed push is now shepherded by
billionaire heir Jay Y. Lee, who wants to see it establish tech
leadership across advanced sectors like chipmaking and 5G
networking to power its next phase of growth. Park’s comments
suggest Samsung is accelerating its bid to compete with iPhone-
chipmaker TSMC, one of the biggest beneficiaries of this year’s
wave of stay-at-home demand for personal electronics.
“To actively respond to market trends and lower the design
barrier for competitive systems-on-chip development, we’ll keep
innovating our cutting-edge process portfolio, while
strengthening Samsung’s foundry ecosystem through close
collaboration with partners,” Samsung’s Park told attendees,
according to people at the event.
Read more: Samsung Takes Another Step in $116 Billion Plan
to Take on TSMC
Samsung’s aim is in line with TSMC’s target of offering
volume production of 3nm chips in the second half of 2022. But
the Korean company also hopes to go one better by adopting
what’s known as the Gate-All-Around technique, regarded by some
as game-changing technology that can more precisely control
current flows across channels, shrink chip areas and lower power
consumption. TSMC had opted for the more established FinFET
structure for its 3nm lines.
“Samsung is catching up to TSMC very fast and it seeks to
achieve dominance over its competitor by adopting the new
technology for the first time,” said Rino Choi, a professor of
materials science and engineering at Inha University. “However,
if Samsung can’t improve production yields of the advanced node
fast in an initial stage, it may lose money.”
Already the world’s largest maker of computer memory and
displays, Samsung wants a bigger share of the $250 billion
foundry and logic-chip industry that’s set for accelerated
growth with the advent of artificial intelligence and fifth-
generation wireless technology. In 2019, TSMC controlled more
than half of the contract chipmaking market while Samsung had
just 18%, according to TrendForce data.
Lee has taken a close interest in the matter. He flew to
ASML Holding NV’s headquarters in the Netherlands last month to
discuss supply of its extreme ultraviolet lithography (EUV)
machines, gear that’s indispensable to the creation of the most
advanced semiconductors. Other top executives have toured major
cities from San Jose to Munich and Shanghai, hosting foundry
forums and negotiating deals.
Some analysts question Samsung’s ability to carve out a
significant share of a market dominated by TSMC, which spends
some $17 billion annually to ensure it remains at the forefront
of both technology and sheer capacity. For its part, Samsung’s
semiconductor division plans to spend $26 billion on capital
expenditure in 2020, but that’s been largely in support of its
dominant memory business and not all of its expertise in making
memory is directly relevant to creating advanced logic chips.
Processors are more complex to manufacture than memory and
their production yields are harder to control and scale up in
the same way. Foundry customers also require bespoke solutions,
imposing another barrier to rapid expansion and also making
Samsung dependent on customers’ designs. But the Korean giant
can draw confidence from its work with Nvidia Corp., whose chief
executive officer sung the praises of collaborating with Samsung
on customizing the manufacturing process for its latest graphics
card silicon.
The risks and initial setup costs have whittled down the
number of companies capable of even competing in the EUV-based
chipmaking industry. Intel Corp. this year announced it’ll
consider outsourcing production of its most important chips for
the first time, highlighting the complexities of the business
and leaving Samsung and TSMC as the two major competitors. While
Samsung has scored some marquee customers, TSMC’s long-standing
relationships with clients allow for better coordination on
design and manufacturing, leading to superior yields, said
Sanjeev Rana, an analyst at CLSA Securities Korea.
“In terms of chip performance, Samsung and TSMC are neck
and neck,” Rana said. “Most smartphone, high-performance
computing, high-end server applications need leading-edge
process fabrication for performance and power efficiency
reasons. This is where the competition between TSMC and Samsung
comes into the picture.”
Read more: Behind Samsung’s $116 Billion Bid for Chip
Supremacy
The Korean company is making rapid advances, in part
because even with TSMC’s deep pockets, the Taiwanese chipmaker
cannot expand capacity quickly enough to satisfy all demand.
Customers also prefer to use more than one foundry, which also
works to Samsung’s advantage. The Korean company has already
secured enough orders from major clients to keep its currently
most-advanced 5nm process lines busy for the next few years, a
company executive told Bloomberg News. The electronics giant
increased its roster of semiconductor clients by 30% last year,
according to another official. In recent months, Nvidia and IBM
Corp. are among those that turned to Samsung for some of their
chipmaking needs, while Qualcomm Inc. has reportedly awarded the
company a 1 trillion won ($858 million) contract to build its
flagship mobile processors.
Samsung started up its first dedicated plant for EUV-based
fabrication in the southern city of Hwaseong this year, while a
second facility in Pyeongtaek is slated for mass production in
the second half of 2021. The growth rate of its foundry business
is expected to significantly exceed that of the market, which is
likely to be in the high single-digits, Shawn Han, senior vice
president of the semiconductor business, said during a recent
earnings call. The GAA technology that Samsung’s chosen is
expected to be adopt by TSMC for 2nm processes in 2024, but
there’s a chance that schedule could be moved up to the second
half of 2023, said Kim Young-soo, an analyst at SK Securities.
“Technically, Samsung could turn the table in 2023 before
TSMC kicks off the 2nm production,” Kim said. “There will be
overflow orders of making application processor chips and edge
computing devices. The key to expand the market share is how
many EUV machines Samsung can secure.”
Officials at Samsung believe the company has a competitive
edge from its experience building both the chips and the devices
that they go into, like Galaxy smartphones. It can foresee and
address the engineering requirements of its clients. Samsung
believes its other trump card is an ability to package memory
and logic chips into a single module, improving power and space
efficiency. But some companies may be wary about outsourcing
production to a direct competitor. TSMC executives have from
time to time highlighted the fact that the Taiwanese chipmaker
doesn’t compete with any of its customers, a clear jab at
Samsung.
 

Also er hat am 24.07.2020 irgendwas geschätzt und sein Kursziel 8,60 gemacht…
Jetzt gestern, am 16.11.2020, hat er eine Studie gemacht, zu Ergebnis gekommen, dass „die Ergebnisse hätten jedoch seine Schätzungen sämtlich verfehlt.“(!) aber Kursziel doch erhöht auf 9,00…?

Und 9,00 € ist sein größtes Kursziel seit 12 Monate.

Kann man überhaupt seriös seine Analysen einschätzen?

 

Crocky, mit "sämtlich verfehlt" bezieht er sich wahrscheinlich nur auf 3Q20. Aber vllt hat ihm der Rest gefallen (AE, Gesamtjahresguidance, Marge, etc) und es kann natürlich auch sein, dass die Bewertung der Peer Group seit der letzten Analyse nach oben gegangen ist - was ihn zu einem höheren Kursziel veranlasst hat. Also unseriös muss das nicht unbedingt sein; wir kennen halt nur nicht den ganzen Bericht.  

https://translate.google.com/...no%3D1861&prev=search&pto=aue

https://translate.google.com/...art-soon/&prev=search&pto=aue  

Noch mal kurz zu den Postings der letzten beiden Wochen:

@Crocky/#770, danke für die Klarstellung, dass es doch nicht an zu wenig Kaffee lag :-).

@CWL/#766, thanks for the reference point from II-IV. Headline definitely looks positive, but shouldn’t this boom in these end markets have resulted in higher orders at Aixtron in recent quarters? From a helicopter perspective, I do see Aixtron’s EUR 260-270m revenue level in 2018-20 and I still struggle to see how this fits with your II-IV news, LIDAR in new iPhone models, rising miniLED productions, etc.  In other words: it seems that I still need to learn a lot in terms of timing/cycles in these markets :-)

@fel/#772, sorry, don’t have any infos on an Infineon/Aixtron relation. And many thanks for yesterday’s Samsung article, very interesting!

@all, ein bißchen von Cree: „Cree's total project costs are estimated to be more than $1 billion, including $183 million for design and construction, $300 million for facility fit out, and $522 million for machinery and equipment, including some Cree already owns“ (https://www.bizjournals.com/albany/news/2020/11/...utica-albany.html)

@all bezüglich MDAX: es scheint ja ziemlich sicher, dass Siemens Energy in den MDAX kommt, der mögliche Absteiger wäre wohl eines der drei folgenden Unternehmen (Rangliste per Ende Oktober):
Aixtron // 94 // 82
Aareal // 99 // 89
Grenke // 100 // 81
Aareal und Grenke haben seit Ende Oktober gut zugelegt haben, das Risiko eines nur kurzen Gastspiels im MDAX steigt also…

 

meines Wissens gab es schon lange eine Beziehung zwischen Aix und Infineon, abgesehen von Aix CEO F. Grawert, der vorher selber in Villach (Produktionsstätte Infineon) gearbeitet hat.
Und das wird jetzt in Villach gemacht:
„Das Villacher Team arbeitet bereits an der nächsten Generation von Chips aus neuen Materialien wie Siliziumkarbid (SiC) und Galliumnitrid (GaN). Diese können Strom noch effizienter umwandeln und ermöglichen dadurch kleinere und leichtere Baugrößen.“    
https://www.infineon.com/cms/austria/de/...g/#technologie-aus-villach

Und da wie man sieht:
https://www.youtube.com/watch?v=jSFPZJx_GD4
werden die Wafers produziert.

Aus der Meldung (etwas alt.. 2011) kann man sehen, dass Aix mit Infineon zusammen arbeiten z.B. AIX G5 HT Entwicklung GaN-auf-Si2:
https://www.aixtron.com/de/investoren/...20AIXTRON%2520G5-Anlage_n448

Ich denke, dass Aix ständig an Infineon etwas liefert und das kriegen wir leider nicht mit außer eine verschlüsselte Prozentzahl für Europa.
 

habe im Netz gefunden.
https://www.semicontaiwan.org/zh/sites/...ON_Dr.%2520Joe%2520Yang.pdf

 

funktioniert nicht (
habe jetzt die Datei über Upload geladen...

https://filehorst.de/d/dmnaJIik  

Crocky, danke...aber dann wird bei mir etwas auf den PC geladen und das mache ich nicht - auch wenn Dein Avatar noch so seriös aussieht :-)

Bei Interesse: https://www.dgap.de/dgap/News/dgap_media/...onskosten/?newsID=1409600

Könnte in der Theorie ein gutes Beispiel sein, dass Aixtron indirekt von den US-China Spannungen profitiert, auch wenn man das im Einzelnen nie herausfinden wird. Aber dass sich chin. Unternehmen in der Gemengelage auf US Anbieter stürzen, ist wohl eher unwahrscheinlich.  

OK, noch ein Versuch)))

in der google-Suche gib ein "aixtron power the future taiwan 2020" dann komm bei mir an der erste Stelle der Link...  

Danke, Crocky, das war eine Anleitung für Dumme - und bei mir absolut gerechtfertigt! :-) Hab's jetzt gesehen und ja, in der Fußnote steht "Source: Infineon". Weiß zwar nicht wie viel Aussagekraft das hat, aber Du bekommst den Sherlock-Award diese Woche!  

Wir sind wieder bei dem Kurslevel, bei dem wir auch vor den Quartalszahlen am 28. Oktober waren. Was dieser 19% Absturz am 29. Okt sollte, erschließt sich mir weiterhin nicht, aber per Stand heute ist der wieder "ausgebügelt". War ne schöne Nachkauf-Gelegenheit.  

Cree share price has risen 10 days in a row now and has reached +95% in 2020. MarketCap hit 10bn USD yesterday, valuing the company with an EV/Sales multiple of approx. 18 (!). In other words: the market is fully playing the SiC and GaN story at Cree, but unfortunately Aixtron’s share price does not really benefit from this. Veeco share price added some 50% since mid September. I.e. recent share price performance of Aixtron shares is rather disappointing in my view – at least in the short term (Aixtron’s ytd performance of +29% is not that bad).

Thus, I would love to see any corporate follow-up news on the remarks made in the last analyst call – maybe this could serve as a trigger for the share price. Aixtron at that point said that the following is imminent but not sure how likely it is that the company will (or can) provide an update still this year:

OLED: „I think we are very, very close to that milestone“

SiC second customer: „And in effect we're very shortly expect from this second customer, very shortly, a follow-on purchase order and repeat purchase order“

Source: 3Q20 analyst call reply on www.aixtron.com  

DZ BANK belässt AIXTRON auf 'Kaufen'
FRANKFURT (dpa-AFX Analyser) - Die DZ Bank hat den fairen Wert für Aixtron von 13 auf 16 Euro angehoben und die Einstufung auf "Kaufen" belassen. Der LED- und Chipindustrieausrüster sei auf den strukturellen Wachstumsfeldern in der Optoelektronik und der Leistungselektronik stark positioniert, schrieb Analyst Harald Schnitzer in einer am Mittwoch vorliegenden Studie. Schnitzer erhöhte seine Schätzungen ab 2022./la/he

Veröffentlichung der Original-Studie: 25.11.2020 / 17:51 / MEZ Erstmalige Weitergabe der Original-Studie: 25.11.2020 / 17:58 / MEZ