• Dependence on the technological choices of our
customers’ customers having a negative impact on our Group’s business volumes.• Policy of product diversification and capturing
different market segments: smartphone, automotive, Cloud & infrastructure, IoT in order to expand our offer and our positioning which has enabled us to reduce the customer concentration in recent years.
• Focus our strategy to make our innovative
substrates the industry standards, especially our RF-SOI technology which is gaining in popularity among our customers and is widely used in 4G and 5G smartphone components.
• Promotion of partnerships with existing customers
(collaborative program of technical data sharing, SOI consortium, etc.).
Critical
> 10 Markets and Innovation
• The semiconductor industry is cyclical as well as
highly innovative in terms of alternatives to our Group ’s technology.
• Adoption of a technology by the market is a long
process that requires constant anticipation of the changing needs of end customers.• Loss of market share if a technology is not
adopted.
• Fall in revenue if certain product lines do not
meet customer expectations.
• Prolonged customer approval cycle of new
technology.
• Lower than expected revenue.• Increase spending on R&D by 11.2 % of revenue at
03/31/2020.
• European Union support and financing in the
context of the IPCEI program and Nano 2022.
• Partnership policy with key players such as
research centers, universities and major customers in the four target markets (smartphone, automotive, IoT and infrastructures for the Cloud and mobile telecommunications).
• Develop research platforms in Europe, Asia and
the United States.
• Set up an Innovation Department and establish
Business Units for each product line to be closer to the market and customers, with the support of the Strategic Office to find new markets.

### Language ###
English

### Assessment ###
The text mentions a specific percentage of revenue spent on R&D, which could be a straightforward information request.

### Query ###
What percentage of revenue did Soitec spend on R&D in 2020?

Note: This is a natural question someone might ask about a semiconductor company's R&D investments, without knowing about the specific text, and the answer (11.2%) is directly stated in the text.
What percentage of revenue did Soitec spend on R&D in 2020?

Note: This is a natural question someone might ask about a semiconductor company's R&D investments, without knowing about the specific text, and the answer (11.2%) is directly stated in the text.