Introducing MEMC - MEMC Electronic Materials, Inc.

Technology is built on us.
Introducing MEMC
MEMC, based in St. Peters, Missouri, is a global leader in the manufacture and sale of wafers and
related products to the semiconductor and solar industries. MEMC’s products are the building blocks
for the $1 trillion electronics and the $18 billion solar cell and module markets. Through its SunEdison
subsidiary, MEMC is also a developer of solar power projects and is North America’s largest solar energy
services provider. MEMC, which was founded in 1959, employs approximately 4,800 people worldwide
and recorded sales of $1.2 billion in 2009. MEMC’s stock is traded on the New York Stock Exchange
under the symbol WFR and is included in the S&P 500 Index.
MEMC operates three business units: Semiconductor Materials, Solar Materials and Solar Energy.
Semiconductor Materials
Served market size: $7 billion
Silicon wafers are the foundation
upon which semiconductor devices
are built. Semiconductor devices
in turn supply the intelligence in all
electronic devices from computers to
smart phones, TVs, gaming devices,
music players, appliances and even
satellites. Our innovations add value
for semiconductor device makers,
helping them reduce costs while
improving the devices they build by
holding more memory, performing
faster or having longer battery life.
Funding these advancements and
next generation technologies requires
financial strength and asset-efficient
strategies. This has contributed
to the reduction in the number of
competitors we face from dozens
before 1990 to about six today.
solar Materials
Served market size: $10 billion
Silicon wafers are also the foundation
for most solar cells. Grouped together
to form solar modules, cells convert
energy from the sun into usable electricity.
While solar energy installations
have grown at a compound annual
growth rate in excess of 40 percent
during the past decade, solar energy
still represents less than 1 percent
of the world’s energy consumption.
MEMC is uniquely positioned to
help increase the prevalence of
solar technology around the world.
The Company’s aggressive cost
reductions, production efficiencies
and focus on proprietary technology
development, are aimed at helping
customers achieve grid parity, making
solar energy cost competitive without
government subsidies.
Solar Energy (SunEdison)
Served market size: $39 billion
Corporations, government agencies
and utilities around the world have
become increasingly interested in
generating solar energy on their
roof or other property. SunEdison
develops, finances, installs and
operates such distributed solar
power plants for its customers.
The customer then purchases the
electricity at predictable, competitive
prices over a fixed time period.
SunEdison’s proprietary Client
Connect software gives customers
full visibility into the performance
of their solar power plants, including
electricity production, energy costs
and savings, and environmental
attributes.
Positioned to Lead
Wafer Market Leader
• Integrated polysilicon, semiconductor wafer and solar
wafer provider
• Established and growing customer relationships in over
30 countries around the world
Technology Leadership
• Extensive intellectual property portfolio with more than
700 worldwide patents and 350 applications on file
• First large-volume manufacturer of Fluidized Bed
or “granular” polysilicon
Operational Expertise
• Competitive cost structure with further improvements targeted
• Global manufacturing, sales and service footprint makes
MEMC a “local” supplier to our customers
Diversified Markets
• One of only four major suppliers of semiconductor
wafers and a proven supplier to the solar industry
• Balanced market position provides stability and growth
New Opportunities
• Acquired in 2009, SunEdison’s downstream leadership
in solar project development accelerates growth
• Acquired in 2010, Solaicx’s proprietary process and
equipment provides entry into fast-growing, adjacent
monocrystalline solar market