Why will Silicon on Insulator Market Boom in Asia-Pacific in Coming Years?
Globally, the silicon on insulator market is expected to demonstrate huge expansion in the Asia-Pacific (APAC) region in the forthcoming years. This will be because of the soaring investments being made by wafer manufacturing companies for expanding their facilities in the region. For example, Shin-Etsu Chemical Co. Ltd. announced in March 2018 that it intends to invest $996 million (¥110 billion) for expanding its silicone production facility in the region. With this huge investment, the organization aims to expand its operations across the APAC region in the forthcoming years. Depending on the technology, the silicon on insulator market is divided into the smart cut, layer transfer, and bonding categories. Out of these, the smart cut category is expected to exhibit the highest growth rate in the coming years. SOI Market Size , Status, Top Players, Trends in Upcoming Years This is credited to the fact that the smart cut technology facilitates heterogeneous material incorporation, whi...