The Information Technology 100
MEMC Electronic Materials
Robust demand for semiconductors means big business for suppliers. That's especially true for MEMC Electronic Materials, which makes wafers used in a wide variety of chips. While the market for silicon wafers grew 22% last year, MEMC outpaced the industry, notching 32% growth in sales, to $1 billion. Profits did even better, skyrocketing 93%, to $226 million. Why the superior performance? Contributing heavily was the company's successful integration of its 2004 acquisition of Taisil, a Taiwanese manufacturer of wafers, opening up the Asia Pacific region. For the year, its sales in Asia Pacific jumped 82% to $441 million -- now its largest geographic market. Such success has encouraged investors, who have bid up the company's stock 48% ,to $13.75, in the past 12 months, ended June 1.
|Return on Equity||51.5%|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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