Tianyue Advanced was founded in 2010 and is headquartered in Jinan, Shandong. It is one of the leading silicon carbide substrate manufacturers in China. In recent years, Tianyue Advanced has continuously increased its innovation investment in SiC technology, especially in the research and production of 8-inch SiC substrates, and has made significant progress. As an important link in the SiC supply chain, the position of substrate manufacturers is crucial as it directly determines the performance and stability of the final product.
In 2024, Tianyue Advanced's influence in the global semiconductor industry continues to expand, especially in the 8-inch SiC substrate market in China, where it firmly holds a place. With the surge in demand for SiC devices in applications such as electric vehicles and smart grids, the tight supply of SiC substrates has prompted more companies to enter this track. However, Tianyue Advanced has quickly emerged as an important participant in the industry with its strong technological accumulation and market adaptability.
In terms of technological innovation, Tianyue Advanced has always been at the forefront of the industry. The company launched the world's first 200mm (8-inch) liquid phase low defect SiC substrate in June 2023, marking a breakthrough in SiC substrate technology. This innovation not only meets the urgent demand for SiC substrates in the domestic market, but also gives Tianyue Advanced a certain advantage in the international market.
In addition, Tianyue Advanced launched the world's first n-type 300mm (12 inch) SiC substrate in 2024, ushering in the era of "ultra large" SiC wafers. This technological innovation is a milestone in the global SiC industry chain, laying the foundation for future large-scale production. It is worth noting that the introduction of 300mm substrates will significantly reduce manufacturing costs and improve production efficiency, further promoting the widespread application of SiC materials.
The success of Tianyue Advanced is inseparable from its strategic layout in the Chinese market. In recent years, China's rapid development in the fields of electric vehicles and clean energy has provided strong impetus for the demand for SiC substrates and SiC devices. Tianyue Advanced fully utilizes this market opportunity, actively improves production capacity and technological level, and strives to promote the rapid rise of China's SiC industry.
At present, Tianyue's advanced 8-inch SiC substrate has been widely recognized by domestic and foreign customers, especially in the growing demand for electric vehicles and power electronics applications. As one of the few companies in the industry that can provide high-quality, low defect SiC substrates, Tianyue Advanced is gradually expanding its international market and winning the favor of global partners.
According to Semiconductor Insight, the global SiC substrate market is expected to reach $1.67 billion in 2024 and is projected to grow to $3.44 billion by 2030. In the coming years, with the promotion of industries such as electric vehicles, photovoltaic power generation, and smart grids, the demand for SiC substrates will continue to grow. This provides a broader development space for Tianyue Advanced.
Tianyue Advanced is not only committed to improving the production capacity of SiC substrates, but also continuously promoting technological innovation, especially breakthroughs in crystal growth, defect treatment, and other areas. By adopting advanced processes such as liquid phase growth (LPE), Tianyue Advanced is able to produce SiC substrates with higher quality and fewer defects, ensuring the stability and reliability of its products in high-power and high-frequency applications.
Thanks to its technological advantages in the SiC substrate field, Tianyue Advanced has gradually become an indispensable force in the global semiconductor industry. In the future, Tianyue Advanced will continue to uphold the concept of "advanced quality and sustainability", and further expand its domestic and international market share through technological innovation and product optimization.
With the rapid development of China's electric vehicle industry and the continuous growth of global demand for SiC technology applications, Tianyue Advanced will occupy a more important position in the future SiC market. The company is actively establishing closer cooperative relationships with international partners and striving to become a leading global supplier of SiC substrates.