Driven by the technological transition to advanced nodes required by #ArtificialIntelligence, the #electronics market continued to stepwise recover in Q3 2024. We achieved solid outcomes thanks to the strength of our Semiconductor Materials business. While our Q3 results reflect the growth of AI and advanced nodes, we can see that the vast majority of the market still hasn’t returned. Semiconductor Solutions, accounting for 69 % of our sales, grew by 7.0% organically, mainly driven by Semiconductor Materials. Display Solutions (20% share in sales) declined by 8.7% organically, due to ongoing pricing pressures on liquid crystals. Surface Solutions (11% share in sales) registered a decline of 2.9% in sales (organic), due to weaker demand for cosmetics and industrials. 💡Learn more about #MerckResults here: https://lnkd.in/efQEjX9b
Merck accelerated its growth in the third quarter of 2024. All three business sectors achieved organic increases in sales and earnings. The company remains on course to return to profitable growth in fiscal 2024. Learn more about our Q3 2024 financial results here: http://ms.spr.ly/6042WcCOq #FinancialResults