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Global Silicon Carbide Power Device Market to Reach USD 12 Billion by 2030
2026-02-05 7

International Tech News:

1. Apple has issued successive supply chain warnings, facing dual pressures from rising component costs and insufficient capacity for advanced process nodes.

2. A market report on RF Gallium Nitride (RF GaN) has been released, indicating that the market size will reach approximately USD 1.3 billion in 2025 and is projected to grow to USD 2.4 billion by 2031, with a compound annual growth rate (CAGR) of 11% from 2025 to 2031.

3. According to Yole forecasts, the global silicon carbide (SiC) power device market is expected to reach USD 12 billion by 2030, with mid-to-high-end applications being the primary growth drivers.

4. Quantum computing company IonQ has agreed to acquire chip manufacturer SkyWater, valuing SkyWater at approximately USD 1.8 billion.

5. The official WeChat account “Kinghelm Connects World” has been operating for 10 years, totaling 3,678 days to date. In 2025, its content creation achievements showed steady growth: active on 259 days, publishing 223 articles with a total of 315,000 words. The content received 41,000 views, reached 14,000 readers, gained a total of 2,091 followers, added 245 new followers during the year, engaged 739 interactive users, and was shared 10,000 times.

6. Micron Technology announced plans to invest an additional USD 24 billion in Singapore over the next decade.

 

Domestic Tech News:

1. Phase IV of Guangzhou CanSemi Technology Inc. has officially commenced. The project involves a total investment of approximately RMB 25.2 billion and plans to build a 12-inch analog-digital mixed-signal specialty process production line with a monthly capacity of 40,000 wafers.

2. The Smart Production Solutions Guangzhou (SPS Guangzhou) will be held from March 4 to March 6, 2026, at Hall B of the China Import and Export Fair Complex in Guangzhou.

3. Shanghai will accelerate the implementation of a number of major industrial projects in fields including integrated circuits, biomedicine, and artificial intelligence.

4. The Micro LED high-end display manufacturing project of PlayNitride (total investment of approximately RMB 5 billion) has officially entered the construction phase.

5. Chenxian Optoelectronics’ 2025 Micro LED production base project is an expansion project with a total investment of RMB 3 billion. Upon completion, the plant’s total production capacity will increase to 40,000 square meters.

6. The groundbreaking ceremony for Nanjing Lumicore Technology Limited‌’s “12-inch Ultra-High-Definition Silicon-Based OLED Microdisplay Manufacturing Base” was held in the Jiangning Development Zone, with a total investment of RMB 1.2 billion.


 


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