NuAxiSemiconductor trade intelligence
SK Siltron CCS gets $481.5m US DOE loan to expand silicon carbide wafer manufacturing
What happened
SK Siltron CSS secured a $544 million loan from the US DOE to expand its US-based silicon carbide wafer manufacturing capacity. This funding is part of a US government push to bolster the domestic EV power electronics supply chain. Bearish: The expansion of SiC wafer production capacity, supported by government capital, increases future supply and could put downward pressure on prices in the medium term.
Impact and signal
Medium impactImpact score: 55/100
Affected components and suppliers
Silicon Carbide (SiC) Wafers
SK Siltron CSS LLC
capacity-expansiongovernment-subsidyEV-supply-chain
Source and time
Source: Semiconductor Today · 11/13/2024 · View original source
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