When will the market bottom come as SiC prices continue to decline?

Entering 2025, the demand for silicon carbide (SiC) power devices in the new energy vehicle and photovoltaic industries is still growing rapidly, but the SiC market is facing an unexpected "cold winter". The price continues to decline, production capacity continues to expand, and although enterprise revenue increases, profits actually decrease significantly. The SiC industry is in an awkward situation of "scale expansion and profit shrinkage".

Eight major technological achievements in the field of flow battery energy storage in 2024

In 2024, multiple R&D teams achieved multiple technological breakthroughs in components such as stacks, electrodes, and ion membranes for flow batteries. These innovative breakthroughs significantly improved the efficiency and performance of flow batteries, providing more technical solutions for cost reduction and efficiency improvement, and expanding the space for further development of flow batteries.

From capacity frenzy to collective loss, domestic silicon carbide substrates fall into a vicious cyc

In recent years, with the rapid development of new energy vehicles, photovoltaics, and data centers, silicon carbide (SiC) substrates have become the "star material" in the semiconductor industry. However, the fierce competition and excessive expansion of domestic enterprises have led to overcapacity, causing the industry to fall into a vicious cycle of price wars and losses. Although domestic enterprises have responded to the growth of market demand by expanding production on a large scale, they face problems such as slow technological iteration and insufficient product yield, which have led many enterprises to the dilemma of "increasing income without increasing profits".