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Thursday 28 May, 2015

Okmetic Oyj

Okmetic invests in production capacity and manufacture of more advanced SOI wafers in Vantaa

Okmetic invests in production capacity and manufacture of more advanced SOI wafers in Vantaa

OKMETIC OYJ    STOCK EXCHANGE RELEASE    28 MAY 2015    AT 2.00 P.M.

OKMETIC INVESTS IN PRODUCTION CAPACITY AND MANUFACTURE OF MORE ADVANCED SOI WAFERS IN VANTAA

The board of directors of Okmetic Oyj has approved investments of 8.4 million euro in total at the Vantaa plant in Finland. Investments are targeted at the manufacture of 200 mm silicon wafers as well as production and capability of more advanced SOI wafers. The investments are scheduled for production use during 2016.

The strong growth of the company's key customer segments is forecasted to continue in the next few years. Along with the approved investments, Okmetic can better respond to the growing demand. The new manufacturing process will enable utilizing SOI technology also in power management.

OKMETIC OYJ

Kai Seikku
President

For further information, please contact:
President Kai Seikku, Okmetic Oyj,
tel. +358 9 5028 0232, email: [email protected]

Okmetic is a technology company which supplies tailor-made silicon wafers for sensor and semiconductor industries. Okmetic provides its customers with solutions that boost their competitiveness and profitability.

Okmetic's silicon wafers are part of a further processing chain that produces end products that improve human interaction and quality of life. Okmetic's products are based on high-tech expertise that generates added value for customers, innovative product development and an extremely efficient production process. 

Okmetic has a global customer base and sales network, production plants in Finland and the US and contract manufacturers in Japan and China.

Okmetic's shares are listed on Nasdaq Helsinki under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Okmetic Oyj via Globenewswire

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