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# Littelfuse Pays Elmos €24.6 Million To Loosen Its Grip On The Dortmund Chip Fab
- URL: https://www.bullished.co/littelfuse-pays-elmos-24-6-million-to-loosen-its-grip-on-the-dortmund-chip-fab-7833430f/
- Published: 2026-10-28T17:06:38.000Z
- Updated: 2026-10-28T17:06:38.000Z
- Description: The one-time fee, worth $28.5 million, came straight out of third-quarter semiconductor sales, and cash goes out over two payments.
- Author: Matteo Parrino
- Tags: Earnings, LFUS, Industry: Industrials

[Littelfuse](https://www.bullished.co/tag/lfus/), which makes fuses, sensors, relays and power semiconductors, owes Elmos Semiconductor [€24.6 million ($28.5 million)](https://www.sec.gov/Archives/edgar/data/0000889331/000162828026067807/lfus-20260926.htm?ref=bullished.co) for renegotiating its Dortmund wafer fab deal, the quarterly filing showed Wednesday. It was charged against third-quarter chip revenue.

## What the fee buys

The September 15 amendment frees Littelfuse entities from cross-guarantees and eases transfer restrictions. Littelfuse says that widens its options for the Dortmund Semiconductor GmbH asset.

Payment comes in two parts: €15 million in the fourth quarter of 2026 and €9.6 million in the second quarter of 2027\. Meanwhile other customer reserves in accrued liabilities stood at $30.2 million at September 26, against $2.9 million at December 27, 2025.

## A dent in semiconductor sales

Semiconductor sales in the Electronics segment were $187.4 million in the quarter, against $174.1 million a year earlier. The [earnings release](https://www.sec.gov/Archives/edgar/data/0000889331/000162828026067718/q32026earningsreleaseex991.htm?ref=bullished.co) adds the fee back to reach $215.9 million of adjusted semiconductor net sales.

The 10-Q also records a $1.3 million non-cash impairment of customer relationships acquired with the Dortmund fab, which it ties to lower expectations for future revenue and cash flow. The [prior quarter's filing](https://www.sec.gov/Archives/edgar/data/0000889331/000162828026050481/lfus-20260627.htm?ref=bullished.co) carried no such charge.

## A fab bought at the end of 2024

Littelfuse completed its purchase of the 200mm Dortmund fab from Elmos on December 31, 2024, for about €94 million, and reports it within its semiconductor business. Since then it has announced the closure or disposition of two semiconductor manufacturing sites, with fixed-asset impairments of $13.4 million for the first nine months of 2026.

The company expects remaining employee-termination payments from its restructuring to be substantially finished during fiscal 2027.

### Sources

- [10-Q Filing — Littelfuse (LFUS)](https://www.sec.gov/Archives/edgar/data/0000889331/000162828026067807/lfus-20260926.htm?ref=bullished.co) — SEC EDGAR
- [10-Q Filing — Littelfuse (LFUS), Q2 FY2026 filed 2026-07-29 (comparison basis)](https://www.sec.gov/Archives/edgar/data/0000889331/000162828026050481/lfus-20260627.htm?ref=bullished.co) — SEC EDGAR
- [Earnings release (8-K Item 2.02, q32026earningsreleaseex991.htm) — Littelfuse, filed 2026-10-28](https://www.sec.gov/Archives/edgar/data/0000889331/000162828026067718/q32026earningsreleaseex991.htm?ref=bullished.co) — SEC EDGAR
- [Littelfuse (LFUS) Beats Q3 Earnings Estimates](https://finance.yahoo.com/markets/stocks/articles/littelfuse-lfus-beats-q3-earnings-113505619.html?.tsrc=rss&ref=bullished.co) — Yahoo Finance
- [Littelfuse Q3 2026 Earnings Call Transcript](https://www.benzinga.com/news/26/10/62655482/littelfuse-q3-2026-earnings-call-transcript?ref=bullished.co) — benzinga.com
- [Littelfuse Non-GAAP EPS of $5.79 beats by $0.81, revenue of $767M misses by $27.66M (LFUS:NASDAQ)](https://seekingalpha.com/news/4658761-littelfuse-non-gaap-eps-of-5%5F79-beats-by-0%5F81-revenue-of-767m-misses-by-27%5F66m?ref=bullished.co) — seekingalpha.com
- [Littelfuse expects Q4 net sales $750M-$770M while reaffirming 2030 targets of $4.5B revenue and $1.1B adjusted EBITDA (NASDAQ:LFUS) | Seeking Alpha](https://seekingalpha.com/news/4659109-littelfuse-expects-q4-net-sales-750m-770m-while-reaffirming-2030-targets-of-4%5F5b-revenue-and?ref=bullished.co) — seekingalpha.com
- [リテルヒューズ、超低クランプ電圧と超低キャパシタンスを両立したTVSダイオードアレイを発表 - ZDNET Japan](https://japan.zdnet.com/release/31218265/?ref=bullished.co) — japan.zdnet.com

### More on Littelfuse

- [Littelfuse's Data Center Boom Is Still Low-Voltage, CEO Says — The Higher-Voltage Ramp Is Ahead](https://www.bullished.co/littelfuses-data-center-boom-is-still-low-voltage-ceo-says-the-higher-voltage-ramp-is-20e86ac0/)
- [Littelfuse Books A $28.5 Million One-Time Dortmund Fee, Says It Opens Power Chip Options](https://www.bullished.co/littelfuse-books-a-28-5-million-one-time-dortmund-fee-says-it-opens-power-chip-options-11adab80/)
- [Littelfuse Adjusted EPS Jumps 96% To A Record $5.79 On Data Center And Grid Demand](https://www.bullished.co/littelfuse-adjusted-eps-jumps-96-to-a-record-5-79-on-data-center-and-grid-demand-47bbacc6/)

[All Littelfuse (LFUS) coverage →](https://www.bullished.co/tag/lfus/)