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Renesas abandoning SiC production plans amid Chinese price war and Wolfspeed uncertainty

What happened

Renesas Electronics is abandoning its plans to produce silicon carbide (SiC) power semiconductors for EVs, according to a Nikkei report. The decision is driven by slowing EV market growth and a supply glut from Chinese manufacturers leading to falling prices. Bearish: This exit removes a potential future supply constraint and signals continued oversupply pressure in the SiC market, likely keeping prices depressed.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

SiC Power Semiconductors

Renesas Electronics Corp

capacity-exitprice-waroversupplyev-demand

Source and time

Source: Semiconductor Today · 6/5/2025 · View original source

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Renesas abandoning SiC production plans amid Chinese price war and Wolfspeed uncertainty

What happened

Impact and signal

Affected components and suppliers

Source and time

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