QUOTE AND NEWS
newratings.com  Sep 15  Comment 
DGAP-DD: AIXTRON SE english Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 15.09.2016 / 15:12 The issuer is solely responsible for the content of...
Reuters  Aug 26  Comment 
* Grand Chip Investment GMBH announces interim results of voluntary public takeover offer by Grand Chip Investment Gmbh for Aixtron SE
newratings.com  Aug 24  Comment 
AIXTRON SE: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution ^ AIXTRON SE 24.08.2016 12:39 Dissemination of a Voting Rights Announcement, transmitted...
Reuters  Aug 19  Comment 
* Grand Chip Investment GmbH announces interim results of voluntary public takeover offer by Grand Chip Investment GmbH for Aixtron SE
newratings.com  Aug 11  Comment 
AIXTRON: Challenging H1/2016 in line with expectations / Management confirms 2016 outlook / EBITDA expectation for 2017 under review / Executive and Supervisory Boards recommend accepting the Takeover Offer by Grand Chip Investment...
newratings.com  Jul 29  Comment 
HERZOGENRATH (dpa-AFX) - Grand Chip Investment GmbH or the "Bidder" published the offer document with respect to a voluntary public takeover offer to the shareholders of AIXTRON SE, Herzogenrath, Germany, (AIXG) to acquire all no-par value...
newratings.com  Jul 25  Comment 
AIXTRON SE: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution ^ AIXTRON SE 25.07.2016 15:35 Dissemination of a Voting Rights Announcement, transmitted...
newratings.com  Jul 1  Comment 
AIXTRON SE: Rescheduling of Q2/Q3 2016 Earnings Releases DGAP-News: AIXTRON SE / Key word(s): Offer/Quarter Results AIXTRON SE: Rescheduling of Q2/Q3 2016 Earnings Releases 19.07.2016 / 09:51 The issuer is solely responsible for the content 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.

Competition

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.

References

  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