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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (15649)	3/28/2023 11:30:02 AM
From: Kirk ©	2 Recommendations Recommended By Return to Sender Sr K Respond to of 26687

Is anyone in the US going to make IGBTs? This move to use less SiC probably has contributed to some of COHR's decline as its SiC foundry business is for future growth. Global IGBT shortage worsens on Tesla policy change Nuying Huang, Taipei; Willis Ke, DIGITIMES Asia Tuesday 28 March 2023 digitimes.com The global shortage of industrial and automotive IGBTs is being exacerbated as Tesla is likely to use more insulated IGBTs in its future EVs under its 75% SiC cut plan. This paves a good path for Taiwan-based suppliers Actron Technology and Panjit International to enter the IGBT supply in the second half of 2023, according to industry sources. For Tesla to sharply cut SiC content in its future vehicles, one of the most cost-effective solutions is the combination of more insulated IGBT and fewer SiC chips. And if the alternative is adopted by the bellwether of the EV market, it will drive other global carmakers to follow suit, leading to tigher global IGBT supply for industrial and automotive applications, the sources said. At the moment, major IDMs like Infineon, Onsemi, Toshiba and STM dominate the global supply of IGBTs for industrial and automotive customers, and their average delivery lead times still run as long as 50 weeks with prices remaining relatively stable, the sources continued. Channel distributors also noted that as early as the second half of 2022, IDMs already settled shipment schedules with major customers for the entire 2023, prompting many customers engaged in renewable energy inverter, energy storage and charging pile sectors to eagerly seek new supply sources of IGBTs for 2024 and beyond. Riding on the robust demand, Actron and Panjit are set to become the first batch of Taiwanese suppliers of IGBTs for industrial and automotive applications in the second half of the year. Taiwanese suppliers used to focus on consumer applications. As the world's leading vendor of automotive diodes, Actron will prioritize automotive applications for its IGBT products, taking advantage of its close connections with global automotive supply chains. It also plans to expand its product lines to include industrial-use IGBTs. Panjit is slated to enter volume production of IGBTs for industrial applications in June, initially targeting customers in the new energy, energy storage, and charging pile fields in Europe, the US and China. The company is also seeking customer validation for its automotive IGBTs. Supply chain sources pointed out that IGBT suppliers in China currently focus on consumer and household applications, and customers there still rely heavily on imports for industrial and automotive IGBTs requiring higher performance stability and longer service life. BYD is the only exception, using a high portion of IGBTs produced by its semiconductor subsidiary.

To: Return to Sender who wrote (15649)	4/6/2023 5:30:48 PM
From: Kirk ©	2 Recommendations Recommended By Return to Sender sixty2nds Read Replies (1) \| Respond to of 26687

Global Semiconductor Sales Decrease 4% Month-to-Month in February Thursday, Apr 06, 2023, 4:30pm by Semiconductor Industry Association Worldwide chip sales down 20.7% year-to-year WASHINGTON—April 6, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $39.7 billion during the month of February 2023, a decrease of 4.0% compared to the January 2023 total of $41.3 billion and 20.7% less than the February 2022 total of $50.0 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. “Global semiconductor sales continued to slow in February, decreasing year-to-year and month-to-month for the sixth consecutive month,” said John Neuffer, SIA president and CEO. “Short-term market cyclicality and macroeconomic headwinds have led to cooling sales, but the market’s medium- and long-term prospects remain bright, thanks to growing demand across a range of end markets.” Regionally, year-to-year sales increased slightly in February in Japan (1.2%), but decreased in Europe (-0.9%), the Americas (-14.8%), Asia Pacific/All Other (-22.1%), and China (-34.2%). Month-to-month sales were down across all regions: Europe (-0.3%), Japan (-0.3%), Asia Pacific/All Other (-3.6%), the Americas (-5.3%), and China (-5.9%). For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook. [ February 2023 chart and graph] # # #

To: Return to Sender who wrote (15649)

5/23/2023 12:27:16 PM

From: Kirk ©

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COHR has moved to the NYSE and rang the bell today to celebrate 3 months.

Stockcharts is behind the curve...

mailchi.mp

COHERENT CORP. CHAIR AND CEO RINGS THE OPENING BELL® AT THE NEW YORK STOCK EXCHANGE

Coherent Corp. (NYSE: COHR), a global leader in materials, networking, and lasers, today announced that its Chair and CEO, Dr. Vincent D. Mattera, Jr., will ring The Opening Bell® at the New York Stock Exchange on Tuesday, May 23, 2023, at 9:26 a.m. ET.

“Coherent is deeply honored to be welcomed by the NYSE for the long-standing tradition of ringing the opening bell,” said Dr. Mattera. “We joined the New York Stock Exchange in part because of our aspirations for our new brand. On behalf of the board of directors, our senior leadership team, and all of the worldwide employees of Coherent Corp., I thank the NYSE for the great privilege of being alongside so many of the world’s most prestigious companies.”

The occasion marks nearly one year since the former II-VI Incorporated successfully closed its acquisition of Coherent, Inc., on July 1, 2022, and three months to the day since it transitioned to the New York Stock Exchange after 36 years as a publicly traded company. The combined company became Coherent Corp. on September 8, 2022.

A video replay of the bell-ringing ceremony can be viewed here: New York Stock Exchange 2023 Bells.

The Opening Bell® is a registered trademark of NYSE Group, Inc.