Globalwafers aims high with SunEdison purchase

The Taiwanese company's CEO tells FinanceAsia the rationale behind its $683 million deal to acquire SunEdison Semiconductor.

Globalwafers aims high with SunEdison purchase

Taiwan's Globalwafers sees the acquisition of US rival SunEdison Semiconductor as a fast and comparatively inexpensive way to propel itself into the global big league, chairperson and CEO Doris Hsu says.

In an interview with FinanceAsia after the $683 million deal was announced on Thursday, Hsu said the decision to buy the Missouri-based company which will make Globalwafers the world's third-largest silicon wafer manufacturer was much cheaper and more efficient than attempting...

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