The game changer material fueled by Renewable Energy mega trend
People often talk about the future of energy transition which is happening all around the world , more and more solar farms , wind farms , biomass power plants are built , and the increasing numbers of EV adoption , will boost the demand for more efficient semiconductor materials substatially, especially silicon carbide and gallium nitride.
Although silicon carbide technology has been in the market for the past 20+ years , but it is still yet to reach it’s infliction point for the manufacturers to generate profits , due to the insufficient of scale of production.
The largest silicon carbide material producer is the world is $Wolfspeed(WOLF.US$ , it accounts for more than 60% of silicon carbide market share , and it is supplying to $Tesla(TSLA.US$
Moving forward , we will see more companies start to invest into silicon carbide production line, such as Bosch , $INFINEON TECHNOLOGIES AG(IFNNF.US$ , $STMicroelectronics(STM.US$ , $ON Semiconductor(ON.US$ , $RENESAS ELECTRONICS CORP(RNECF.US$ , $Rohm(6963.JP$ $COHERENT CORP 6.00% MANDATORY CON PFD SER A(IIVI.US$ etc
Wolfspeed’s share price tumbled by almost 50% after the release of it’s quarterly result few months ago , due to the delayed ramp up period for it’s new Silicon carbide 8 inch wafer fab.
according to interview conducted by CNBC with the wolfspeed’s CEO last month , a clear message was sent , which is the production has been back to normal and now it is catching up the pent up demand.
Do you think Silicon carbide can be the next big thing under the theme of “Renewable energy” big trend ?
share your view and lets discuss
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