On March 15th, as the silicon carbide industry gradually enters the 8-inch era, competition among enterprises will become increasingly fierce. Several experts expressed at the 2025 Power Semiconductor Manufacturing and Supply Chain Summit Forum that for industry chain players who have already entered high-end markets such as automobiles, solid product quality and stable supply capabilities are the foundation for long-term development. Benefiting from cost reduction, domestic silicon carbide is accelerating its adoption, promoting its application in industries such as new energy vehicles. On the other hand, the decrease in prices has also intensified competition in this industry. Silicon carbide is currently one of the most prosperous tracks in the semiconductor industry. According to market research firm Yole, the market size of silicon carbide is expected to reach $2.746 billion in 2023 and $9.873 billion by 2029, with a compound annual growth rate of approximately 24%. (Securities Daily)
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