Sai Microelectronics' Elmos Chip Line Acquisition Under Review

On September 17, Sai Microelectronics said in response to investors' inquiries about "Mergers and Acquisitions of German Production Lines" that the German Federal Ministry of Economic Affairs and Climate Action is still conducting an FDI review on the company's acquisition of Elmos automotive chip production line assets. Commitment to make a specific time for the final decision, and the relevant communication work is still in progress.

Sai Microelectronics said that no matter what the final result is, the company will continue to be optimistic and attach importance to the layout of the automotive chip industry and related businesses.

Sai Microelectronics pointed out in its reply that in the context of the development of automobile intelligence, electrification, and networking, the number of chips installed in fuel and new energy vehicles is increasing rapidly, bringing long-term demand for vehicle chips and MEMS. For MEMS that can be manufactured in batches through semiconductor process standardization, due to its outstanding features such as miniaturization, low cost, and low power consumption, it will further promote IMU (gyroscope and accelerometer), micro-galvanometer, pressure, flow, acoustics, optics, etc. Vehicle applications of various MEMS. The domestic and foreign MEMS production lines of Sai Microelectronics have the large-scale production capacity to serve customers in the industrial automobile field, and are actively cooperating with terminal automobile manufacturers or their component suppliers to provide first-class MEMS process development and wafer manufacturing services.

Precisely because of its optimism about the huge development space of the automotive chip industry, Sai Microelectronics initiated the acquisition of the relevant assets of Elmos's automotive chip manufacturing line (FAB5) in Dortmund, North Rhine-Westphalia, Germany in 2021. The manufactured chips are widely used in safety systems, engine control, automatic driving systems, electronic and electrical systems of various types of automobiles.