FWIW, I am pretty sure that the forecast for II-VI supplying 1 million 6" SiC wafers by '24 is wrong. Their forecast was for '27.
There is what they say in conference calls and then there is the capacity they are installing. The post below says that Coherent (Gaoyi is what they go by in China) will have 500,000 backend substrate capacity in China by end of next year. They are also setting up a facility in Sweden for Europe.
Message 33811664
According to micronet news, recently, Fuzhou Gaoyi’s first third-generation semiconductor silicon carbide wafer substrate production line has entered mass production, with an estimated annual output of 100,000 wafers and an output value of 500 million yuan.
After the mass production of the first silicon carbide production line, the construction of the second and third production lines is also accelerating. By the end of next year, Fuzhou Gaoyi’s silicon carbide substrate production capacity is expected to exceed 500,000 pieces, with an output value of 3 billion yuan.
According to the Jin’an District People’s Government Office, Jin’an District is currently actively helping Gaoyi Group to expand the production capacity of silicon carbide wafer substrates, guiding and supporting its development and mastering of silicon carbide epitaxial wafer technology. In addition, Jin’an District is actively coordinating and helping Gaoyi Group to acquire Coherent, the world’s largest laser supplier, and fully introduce Coherent’s laser production lines. |
