Soitec Strengthens Industrial Operations Team With the Nomination of Francis Taroni
BERNIN, France, September 9, 2010 /PRNewswire-FirstCall/ -- Soitec (Euronext Paris), the world's leading supplier of silicon-on-insulator (SOI) and advanced solutions for the electronics and energy industries, announced today that the company has appointed Francis Taroni to the position of Senior Vice President, Industrial Operations. In keeping with the group's continuing growth and expanding operations, Taroni will develop and implement the most appropriate industrial organization for the development of Soitec, which is renowned for its strong high-volume production capabilities.
A graduate of the Ecole Francaise de Radioelectricite, d'Electronique et d'Informatique, Francis Taroni (52) has worked in the semiconductor industry for his entire professional career. He began in 1982 at IBM, where his responsibilities included various management roles in France and the United States. More recently, Francis Taroni has successively held posts as Chief Technology Officer and Chief Operating Officer at Altis Semiconductor.
The appointment of Francis Taroni reflects the desire of Soitec to further strengthen its management team whilst the group pursues its development strategy in electronics as well as in the promising area of large-scale power supply.
"We are delighted to welcome a high class executive like Francis Taroni into our group. With his successful international background and his in-depth knowledge of the industry, he will bring the experience and vision we need to deploy our industrial strategy, supporting the demands of our clients and the growing needs of the market," said Paul Boudre, Soitec's Chief Operating Officer.
About the Soitec Group
The Soitec Group is the world's leading innovator and provider of the engineered substrate solutions that serve as the foundation for today's most advanced microelectronic products. The group leverages its proprietary Smart Cut(TM) technology to engineer new substrate solutions, such as silicon-on-insulator (SOI) wafers, which became the first high-volume application for this proprietary technology. Since then, SOI has emerged as the material platform of the future, enabling the production of higher performing, faster chips that consume less power.
Today, Soitec produces more than 80 percent of the world's SOI wafers. Headquartered in Bernin, France, with two high volume fabs on-site, Soitec has offices throughout the United States, Japan and Taiwan, and a new production site in Singapore.
Three other divisions, Picogiga International, Tracit Technologies and Concentrix Solar, complete the Soitec Group. Picogiga delivers advanced substrates solutions, including III-V epiwafers and gallium nitride (GaN) wafers, to the compound material world for the manufacture of high-frequency electronics and other optoelectronic devices. Tracit, on the other hand, provides thin-film layer transfer technologies used to manufacture advanced substrates for power ICs and Microsystems, as well as generic circuit transfer technology , Smart Stacking for applications such as image sensors and 3D-integration. In December 2009, Soitec acquired 80% of Concentrix Solar, the leading provider of concentrated photovoltaic (CPV) solar systems for the industrial production of energy. With this acquisition, Soitec is entering the fast-growing solar industry; capturing value through the system level.
Shares of the Soitec Group are listed on Euronext Paris.
For more information, visit http://www.soitec.com. Soitec, Smart Cut, Smart Stacking and UNIBOND are trademarks of S.O.I.TEC Silicon On Insulator Technologies.
International Media Contact
Camille Darnaud-Dufour
+33(0)6-79-49-51-43
[email protected]
Investor Relations
Olivier Brice
+33(0)4-76-92-93-80
[email protected]
French Media Contact
Muriel Martin, H&B Communication
+33(0)1-58-18-32-44
[email protected]
SOURCE Soitec
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