2025-06-04
Two giants exit the silicon carbide market, Global Crystal, Hanlei, and Jiajing welcome conversion o
Following the news that Wolfspeed, the global leader in silicon carbide (SiC), will file for bankruptcy, Japanese automotive semiconductor giant Renesas also intends to abandon the production of SiC for electric vehicles. With the withdrawal of the two giants from the silicon carbide market, there is one less competitor of Taiwan, China's silicon carbide plants, such as Globegroup, Hanlei and Jiajing. A new wave of order conversion opportunities is expected.