Core Viewpoint - The article highlights the advancements in 12-inch silicon carbide (SiC) technology, showcasing the progress made by various companies in the semiconductor industry and the potential applications in emerging markets such as AR glasses and laser devices [2][3][12]. Group 1: Equipment and Technology Developments - Seven SiC companies have reported advancements in 12-inch technology, focusing on laser cutting and resistance methods [3]. - Major companies like Dazhu Semiconductor and Xihu Instruments have made significant progress in overcoming challenges related to 12-inch crystal growth and processing [4]. - China Electronics Technology Group has developed a comprehensive solution for 8 to 12-inch SiC material processing, significantly reducing processing time and costs [9]. Group 2: Substrate Developments - Six SiC companies have showcased 12-inch SiC ingots and substrates, all based in China, indicating a strong domestic focus on this technology [12]. - Companies such as Tianyue Advanced and ShuoKe Crystal have achieved breakthroughs in 12-inch semi-insulating and optical-grade substrates, targeting markets like AR glasses [16]. - The development of non-conductive substrates is expected to create new opportunities in various applications, including advanced packaging and thermal management [17]. Group 3: Market Potential and Future Outlook - The potential market for SiC substrates in applications like TF-SAW filters and laser cooling substrates is projected to reach thousands of units, contingent on market demand [17]. - The report emphasizes the need for corresponding market growth to realize the full potential of SiC substrates, highlighting the importance of cost-effectiveness and performance [17]. - The "Third Generation Semiconductor Industry 2025 Q1 Quarterly Report" provides in-depth insights into the latest technological advancements and market trends, aiding companies in strategic planning [17].