Doosan Group is accelerating its transformation into an artificial intelligence (AI) infrastructure powerhouse after reaching a deal to acquire chip wafer manufacturer SK Siltron. The acquisition will give the group a presence across the semiconductor manufacturing value chain, spanning wafers, substrate materials and testing, while expanding its portfolio beyond heavy industry. On Friday, Doosan Corp. and SK Inc. announced that the former will take over a 70.6 percent stake in SK Siltron held by the latter at 2.3 trillion won ($1.61 billion). The deal came seven months after Doosan Corp. was selected as the preferred bidder. The two sides agreed on a 2.3 trillion won deal, including an earn-out clause under which SK will receive additional proceeds if SK Siltron's earnings exceed a predetermined threshold. Eugene Investment & Securities analyst Lee Ju-hyung described the agreement as a “good deal,” citing that SK Siltron’s global peers' share prices have risen an average of 122 percent since the beginning of the year. Lee cited Deloitte Anjin’s analysis that SK Siltron’s revenue for this year and next year will reach 2.15 trillion won and 2.36 trillion won, respectively, achieving 4.5 percent and 9.8 percent growth year-on-year. Its EBITDA margin will improve from 22 percent last year to 30 percent this year and 31 percent in 2027, while global