Market expansion and price competition of silicon carbide: 8-inch substrate becomes a new battlefiel

In recent years, with the rapid development of industries such as electric vehicles (EVs) and photovoltaics, the market demand for silicon carbide (SiC) devices has surged, driving the rapid expansion of global production capacity for 6-inch SiC substrates and epitaxial wafers. However, due to overinvestment and slowing demand growth, the silicon carbide market has begun to experience oversupply. At the same time, the prices of domestically produced SiC products have significantly decreased, and the entire industry chain from substrates, epitaxial wafers, devices to modules is experiencing price reductions, making market competition increasingly fierce.

Jinliuhua Electric: Subsidiary plans to purchase vanadium flow battery energy storage system

On the evening of March 10th, Jinliuhua Electric announced that its wholly-owned subsidiary, Zhejiang Jinliuhua Electrical Equipment Co., Ltd. (referred to as "Jinliuhua Equipment"), plans to purchase a 500KW/2MWh vanadium flow battery energy storage system from its affiliated company, Beijing Puneng Century Technology Co., Ltd., and sign a purchase agreement with a contract amount of 6.5 million yuan. The equipment is expected to be delivered in March 2025.

Chinese silicon carbide counterattacks: 6-inch wafer price war stirs up global market

In recent years, the rise of China's semiconductor industry, especially breakthroughs in silicon carbide (SiC) materials and chip manufacturing equipment, is profoundly changing the global market landscape. Especially with the significant price reduction of 6-inch silicon carbide wafers by domestic enterprises, European, American, and Japanese companies are facing unprecedented competitive pressure. With China's continuous breakthroughs in the process of autonomous chip manufacturing equipment, the independence of the domestic semiconductor industry has been further strengthened, and the price war has become the trigger for this change.