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RT NEWS: A 2,330% profit surge! Chinese #SiC firm SICC, a rival to global players like Wolfspeed, saw net profit jump to CNY 27.22M in 9M26, fueled by...

What happened

Chinese SiC firm SICC, described as a rival to global players such as Wolfspeed, reported that its net profit jumped to CNY 27.22 million in 9M26 (first three quarters), a surge of 2,330.24%. The source attributes the profit growth to demand for automotive-grade conductive substrates as EV makers accelerate the shift to 800V platforms. This is a reported result, not a forecast.

Impact and signal

Medium impactImpact score: 50/100

Affected components and suppliers

automotive-grade conductive SiC substrates
SICC
SICCSiCnet_profit9M26EV800V_platforms

Source and time

Source: TrendForce Official (Market Data) · 10/25/2026 · View original source

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