Background
Siltronic AG (OTCPK:SSLLF), a Munich-based company, is one of the top hyperpure silicon wafer suppliers in the world. Specifically, the company offers epitaxial wafers, polished wafers, annealed wafers, and others. These wafers are used in a host of applications including integrated microprocessors, memory modules, complementary metal oxide semiconductors ((CMOS)) as well as power applications.
The company was floated onto the Frankfurt exchange in 2015 by the parent company, Wacker Chemie. In fact, the parent company remains the largest shareholder with 30.8% of the share issue. Another significant shareholder is BlackRrock (BLK), an