Core Viewpoint - Tianyu Semiconductor (02658) has seen a nearly 7% increase in stock price, reaching a new high of 58.7 HKD, driven by positive market forecasts for silicon carbide (SiC) epitaxial wafers and strategic partnerships [1] Company Summary - Tianyu Semiconductor's stock rose by 6.73% to 58.7 HKD, with a trading volume of 11.87 million HKD [1] - The company is positioned as the largest supplier of SiC epitaxial wafers in the Chinese market for 2024 and is among the first to achieve mass production of 8-inch SiC epitaxial wafers [1] Industry Summary - According to a report by Citi, the global market for SiC power semiconductors is expected to grow at a compound annual growth rate (CAGR) of 40.5% from 2025 to 2029, with a total addressable market (TAM) projected to reach 16 billion USD [1] - SiC epitaxial wafers are identified as one of the most value-added segments in the upstream supply chain [1] Strategic Partnership - Tianyu Semiconductor has signed a strategic cooperation agreement with EYEQ Lab Inc., a leading third-generation semiconductor company in South Korea [1] - The agreement includes the provision of a full range of high-quality SiC epitaxial wafer products, covering specifications from 6 to 8 inches and voltage ranges from 650V to 20,000V, catering to various power electronic devices [1]
天域半导体涨近7%创上市新高 公司受惠碳化硅外延片需求增加