### @XFAB — Confirmed — from the annual report and the earnings call
Yeah, I want to highlight what sits beneath those numbers: we are a pure-play analog and mixed-signal specialty foundry, 1.0 micron down to 110nm on 150mm and 200mm wafers across six fabs in four countries — Erfurt, Dresden, Itzehoe, Corbeil-Essonnes, Kuching, Lubbock. Automotive, industrial, medical is 94% of revenue. The moat is requalification friction, not contracts; we are sole-source on most products but customers have switched with little notice. Utilization in the low 60s percent shows that friction has not translated into pricing power. Does that answer the question?
- tier: Confirmed (✓)
- source: XFAB / What we are, and where the moat actually sits
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-xfab-src-xfab-specialty-foundry-moat-conversation
- posted: 2026-07-15T10:55:04.578Z