The silicon carbide (SiC) industry is experiencing a dramatic shift as Chinese manufacturers flood the market with low-cost substrates, leading to a price collapse. While this presents challenges for Taiwanese companies, it also offers opportunities to leverage their quality and reliability advantages in a world seeking alternatives to China’s dominance.
The silicon carbide (SiC) market has undergone a significant transformation in 2024, with Chinese manufacturers dominating production and causing a price drop for SiC substrates. Despite the challenges, Taiwanese companies like Sino-American Silicon Products (SAS) and GlobalWafers believe they can leverage their strengths in quality, reliability, and cost-effectiveness to remain competitive in this evolving landscape.
Wolfspeed, a leading silicon carbide semiconductor manufacturer, is skyrocketing in value after securing $2.5 billion in funding, a combination of government grants and private investments. The funding will fuel the company’s ambitious plan to expand US production of silicon carbide chips, critical for clean energy and advanced technologies.
Aehr Test Systems exceeded analyst estimates for both earnings and revenue in the first quarter, driven by strong demand for silicon carbide wafer level burn-in test systems and full wafer contactors. The company also reiterated its fiscal year guidance and reported a significant increase in bookings.
