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siltronic perfect silicon solutions Press release Siltronic AG Einsteinstr . 172 81677 Munich www.siltronic.com Siltronic reports strong sales growth and high profitability in Q2 2021 - Digitization and economic recovery leading to high growth in wafer area sold - Significant increase in sales and earnings q - o - q and y - o - y - Very strong net cash flow of EUR 71.2 million · Net financial assets of EUR 528.4 million - - Decision to expand capacity through new leading - edge and cost - efficient 300 mm fab at its site in Singapore - Forecast 2021 for capex increased to EUR 400 million and for net cash flow reduced accordingly Munich , Germany , July 28 , 2021 -Siltronic AG ( SDAX / TecDAX : WAF ) showed again a strong business de- velopment in Q2 2021. In H1 , sales and earnings were significantly up compared to previous year . Main driver for the strong demand is the ongoing digitization , a significantly improved economic outlook , a loose monetary policy , and stronger consumer demand due to the easing of the corona pandemic . On July 27 , 2021 the Supervisory Board of Siltronic AG approved the construction of a new 300 mm fab at its site in Sin- gapore as proposed by the Executive Board , to support the strong growth of the semiconductor market . " Demand is increasing in all end markets . This trend is expected to continue and will promote further growth of our company . We support the expansion projects of important customers , which cannot be served with existing capacities by adding a new leading - edge and cost - efficient 300 mm fab in Singapore . We intend to secure the utilization of a large part of the new capacities through long - term agreements with prepayments . Negotiations with customers are progressing well . With this project our central R & D hub in Burghausen , providing technical support for the planned expansion , will be further strengthened " , said Dr. Christoph von Plotho , CEO of Siltronic AG .