"Science and Technology Innovation Board**" on February 22 (reporter Wu Xuguang).After the holiday, there was market news that the domestic mainstream 6-inch silicon carbide (SiC) substrate ** referred to the international market of 750-800 US dollars per piece, and quickly killed, ** fell close to three percent.
EvenSome first-class chain practitioners said that due to the large number of domestic SIC crystal growth and substrate participants, it may be forced when the first-line factory takes the lead in setting off a price reduction model.
Second- and third-tier manufacturers passively followed up, and the first battle of silicon carbide substrates began.
The industry holds different views on the first-line SIC manufacturers to set off a "first-class war" and the price of SIC substrates to be reduced by nearly 30%.
The chief analyst of electronics of a large brokerage institution told the reporter of the "Science and Technology Innovation Board".With the increase of SIC production capacity of major domestic manufacturers, the ** of SIC substrates has been in a slow downward range, with an average annual decline rate of around 5%-10%.。For example, at this stage, the domestic 6-inch SiC substrate is about 4000 yuan - 5000 yuan piece, and it is expected to decline further by 2025, and it is expected to drop to 4000 yuan piece.
"Malicious price reductions are not in line with the current law of industry development. ”Some silicon carbide practitioners told the reporter of the "Science and Technology Innovation Board" that for new entrants in the silicon carbide industry, there are two factors restricting the development of the industry at this stage, one is that the production capacity cannot keep up;The other is that the yield rate cannot be improved, which also leads to small and medium-sized manufacturers in the face of competition from leading large manufacturers, through price reduction, in exchange for market share;On the contrary,For the upstream manufacturers of silicon carbide that have been connected to global major customers such as Infineon and Bosch, stable product performance and batch production capacity are the foundation of the market, rather than "clearing" market followers by means of price reduction.
For further verification,The reporter of "Science and Technology Innovation Board" contacted and interviewed the leading enterprises in the industry such as San'an Optoelectronics, Tianyue Advanced, and Tony Electronics as investors to understand the current market trend of silicon carbide products.
As a vertically integrated manufacturing platform for the whole silicon carbide industry chain in China, San'an Optoelectronics Industry Chain includes crystal growth, substrate production, epitaxial growth, chip preparation, packaging and testing.
Regarding the authenticity of the statement that the 6-inch SiC substrate "fell by nearly three percent", San'an Optoelectronics said, "I don't know." ”
The secretary of the board of directors of San'an Optoelectronics explained that due to the different technical processes and product performance of each manufacturer, and the differences in the products and services of each manufacturer, the SIC products of each manufacturer are not consistent. "In the short term, some are not ruled out.
Second- and third-tier SIC manufacturers have gained a higher market share by exchanging price for volume through the method of 'first-class war'. ”
"From the perspective of the long-term development trend of the industry, with the optimization of SiC substrate R&D technology and the reduction of production costs, the entire silicon carbide chain company will improve the penetration rate of downstream application markets by adjusting the best means. The above-mentioned secretary of the board of directors added.
For issues such as "a significant price reduction of 6-inch SiC substrates", the reporter of "Science and Technology Innovation Board**" called Tianyue Advanced to verify the head of silicon carbide substrates, but the former did not comment, only said that further internal verification is needed.
As for how to look at the price reduction of SiC substrates, Tianyue Advanced said in the latest survey that with the progress of technology and the reduction of costs, the application of SiC substrates will become more and more extensive, which is conducive to promoting the rapid development of downstream applications.
When the production capacity of SiC substrates increases, it is possible to reduce prices significantly. Tony Electronics' secretary office said that Tony Electronics has not signed new orders at present, and the specific product changes are not clear, and the company's existing stock of SiC substrate products is stable.
Also, when introducing how SiC substrates are priced,:A person from the secretary of the board of directors of Tony Electronics said that the first quality of SiC substrate is determined by the market, not by cost, and the yield is low.
It is common for second- and third-tier manufacturers to supply at a loss in order to gain share.
Science and Technology Innovation Board **Reporter Wu Xuguang).