"Silex describes itself as the world's leading pure-play MEMS foundry. The company manufactures micro-electromechanical systems for customers in automotive, industrial, life sciences, and consumer electronics, operating from a single fab in Järfälla, just outside Stockholm, on 200mm wafer production."
"The pure-play model means Silex builds chips designed by other companies rather than designing its own product, the equivalent of TSMC's relationship with fabless semiconductor designers but in the much smaller MEMS niche."
"Net sales for the year ended 31 December 2025 reached SEK 1,385m, with EBIT of SEK 368m, an operating margin around 27 per cent. First-quarter 2026 numbers were stronger still, with SEK 375m of revenue and SEK 128m of EBIT, an operating margin above 34 per cent."
Silex Microsystems, the world's leading pure-play MEMS foundry, priced its IPO at SEK 81 per share, raising SEK 1.99bn on a 24.6-million-share offering with an equity valuation of SEK 8.9bn. The offering was oversubscribed multiple times with cornerstone investors including Capital Research, Fidelity, AFA, AP2, AP3, AP4, Swedbank Robur, and Carnegie acquiring approximately three-quarters of the deal. The company manufactures micro-electromechanical systems for automotive, industrial, life sciences, and consumer electronics sectors from its facility in Järfälla, Sweden. Financial performance demonstrates strong profitability with 2025 net sales of SEK 1,385m and EBIT of SEK 368m, representing a 27 percent operating margin, while Q1 2026 showed even stronger results with SEK 375m revenue and 34 percent operating margin.
Read at TNW | Business
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