Reuters  6 hrs ago  Comment 
The Chinese company bidding for chip equipment maker Aixtron may push ahead with its takeover plans even after Germany has withdrawn its approval because of security issues.
Wall Street Journal  8 hrs ago  Comment 
The German government reopened its review of a $728.89 million Chinese takeover of chip equipment maker Aixtron because of security concerns, the buyer said.
Financial Times  Oct 24  Comment 
Deals for agribusiness Syngenta and Germany’s Aixtron latest to face scrutiny
Reuters  Oct 24  Comment 
The German government decided to withdraw its approval for a Chinese takeover of chip equipment maker Aixtron after new security-related information emerged, Deputy Economy...
New York Times  Oct 24  Comment 
It was not clear why regulators reversed their decision, but it comes as concerns rise about Chinese firms acquiring cutting-edge companies.
newratings.com  Oct 24  Comment 
AIXTRON SE: Withdrawal of Clearance Certificate and reopening of review proceedings by the Ministry of Economics pertaining to the takeover by Grand Chip Investment GmbH AIXTRON SE / Key word(s): Takeover 24.10.2016 06:39 Disclosure of an...
Mondo Visione  Oct 17  Comment 
On Monday, Deutsche Börse announced an unscheduled change to TecDAX. As a result of the expected acquisition of AIXTRON SE by Grand Chip Investment GmbH, the AIXTRON SE current share class (ISIN DE000A0WMPJ6) in the index will be replaced with...
newratings.com  Oct 7  Comment 
HERZOGENRATH (dpa-AFX) - AIXTRON SE (AIXG) announced today that Grand Chip Investment GmbH lowered its minimum acceptance threshold for its takeover offer to the shareholders of AIXTRON SE from 60% to 50.1%. Further, Grand Chip Investment GmbH...
newratings.com  Oct 6  Comment 
AIXTRON SE: Lowering of minimum acceptance threshold for the takeover offer by Grand Chip Investment GmbH to the shareholders of AIXTRON SE from 60% to 50.1% AIXTRON SE / Key word(s): Mergers & Acquisitions/Offer 06.10.2016 18:11 Disclosure of...


Aixtron Aktiengesellschaft (AIXG) is a provider of deposition equipment equipment to the semiconductor and compound-semiconductor industry. The company's technology solutions are used by a diverse range of customers worldwide to build advanced components for electronic and opto-electronic applications based on compound, silicon, or organic semiconductor materials.[1]

Business Growth

Aixtron's revenue growth shows an incredible 150% increase since 2009. Net income also increased tenfold.[2] A combination of recessionary results in 2009, tailwinds in the foreign exchange market, and organic growth has pushed Aixtron from a 300 billion euro company in 2009 to nearly an 800 billion euro company in 2010.[2]

Key Trends and Forces

Significant growth opportunity in the high-end lighting and notebook markets

AIXG's technology is well suited for the lighting market with the trend in motion away from the incandescent lightbulb to the LED lightbulb. Another area of LED application is the TV, PC and notebook display market. Notebooks is the most important of the three, since the incremental cost of using LEDs in notebooks is substantially lower than in TVs and high-end monitors. Most of the top notebook makers in the U.S. are optimistic about using LEDs in notebooks. Both HP and Dell already have LED-based models, and Apple has followed suit with its LED Cinema Display.

The market is characterized by commoditization

The semiconductor equipment market is nearing a level of commoditization that mirrors the semiconductor manufacturing market. For example, while the demand for LEDs is likely to increase, prices for LEDs, its manufacturing components, and sapphire are likely to weaken. LED prices have fallen in seven of the last eight quarters. Analyst reports indicate that prices for LEDs may plunge up to 90% over the next three years as competition in the industry intensifies and commoditization of the goods result.[3] This will greatly reduce AIXG's high net margins in the future.


Aixtron's main competitors are:

Various private companies exist that also compete with Aixtron. The industry is intense with competition and companies try to improve their products and streamline their processes to cut costs and lower prices.


  1. Reuters: Company Profile - AIXG
  2. 2.0 2.1 Wikinvest SEC Files: AIXG 2010 20-F, Item 3: Selected Financial Data
  3. Yahoo! Finance: LED Lighting Prices May Drop 90% As Competition Grows to Meet Demand 6/16/2011
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki