SOITEC : SOITEC ANNOUNCES THE END OF NEGOTIATIONS WITH CONCENSOLAR REGARDING A SALE OF SOLAR ASSETS AND CONTINUES ITS REFOCUS ON ELECTRONICS

Soitec ANNOUNCES THE END OF NEGOTIATIONS WITH CONCENSOLAR REGARDING A SALE OF SoLAR ASSETS

AND continues ITS REFOCUS ON ELECTRONICS

Bernin (Grenoble), France, August 5th, 2015 - Soitec (Euronext), a world leader in designing and manufacturing semiconductor materials for the electronics and energy industries, today announced that despite the signature on May 20, 2015 of an agreement for the sale of a portion of its solar business (including technology assets and manufacturing operations in Germany and in the USA) to ConcenSolar, a privately held company and a business partner of Suncore Photovoltaic Technology Co Ltd, the closing will not occur.

Soitec is disappointed and particularly for the loss of this opportunity with the corresponding anticipated capital gains as expected and indicated in its communications dated May 20 and 28, 2015. Due to the depreciated book values of the contemplated assets as of fiscal year ending March 31, 2015, the company will not record additional depreciation in its accounts.

Soitec will continue its plan to refocus on its core electronics business and to transition away from its solar business activities. Maximizing opportunities to realize value from its solar assets remains a priority for Soitec. Soitec will also continue to support its current solar energy customers.

About Soitec:
Soitec (Euronext, Tech 40 Paris) is a world leader in designing and manufacturing high performance semiconductor materials. The company uses its unique technologies and semiconductors expertise to serve the electronics and energy markets. With 3,600 patents worldwide, Soitec's strategy is based on disruptive innovation to answer its customers' needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia. For more information, please visit www.soitec.com and follow us on Twitter: @Soitec_EN and @Soitec_FR.
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