Core Viewpoint - The strategic partnership between Tianyu Semiconductor and EYEQ Lab Inc. marks a significant step in Tianyu's international expansion, focusing on the supply of high-quality silicon carbide (SiC) epitaxial wafers for power semiconductor applications [1][2]. Group 1: Strategic Cooperation - Tianyu Semiconductor has signed a three-year strategic cooperation agreement with EYEQ Lab, prioritizing the procurement of SiC epitaxial wafers [1]. - The agreement includes the supply of high-specification epitaxial products ranging from 6 to 8 inches and voltage ratings from 650V to 20,000V, supporting EYEQ Lab's R&D and production [1]. - This partnership establishes a deep cooperation framework around epitaxial wafer supply and application, enhancing Tianyu's presence in the international market [1][2]. Group 2: Market Positioning - The Korean market has been dominated by European, American, and Japanese manufacturers, particularly in the high-end SiC epitaxial wafer sector, where stability and consistency are crucial [2]. - Tianyu's entry into the Korean customer system signifies a shift in its international strategy from "product export" to "system integration" [2]. - The collaboration enhances Tianyu's presence in the Asian high-end power semiconductor supply chain and lays a solid foundation for future expansion in Japan, South Korea, and Southeast Asia [2]. Group 3: Technological Capabilities - Tianyu Semiconductor is recognized as China's largest manufacturer of SiC epitaxial wafers, with industry-leading maturity in 6-8 inch wafer processes [3]. - The company has achieved breakthroughs in key technologies such as thick epitaxy, high-voltage epitaxy, and low defect density control, with stable mass production capabilities for 20kV products [3]. - These technological advantages are critical for downstream device performance and yield, making Tianyu a trusted partner for international clients [3]. Group 4: Production Capacity and Global Strategy - The cooperation signals a substantial advancement in Tianyu's global layout, with the new Dongguan base expected to release production capacity over the next two years [5]. - The stable international orders will enhance capacity utilization, optimize cost structures, and support the company's bargaining power in the global market [5]. - Tianyu is forming a development path centered on "technological leadership, capacity expansion, and global layout," ensuring competitiveness in the high-end epitaxial wafer market [5]. Group 5: Future Outlook - Tianyu plans to deepen cooperation with clients in Japan, South Korea, Europe, and North America, aiming to play a more strategic role in the global third-generation semiconductor supply chain [6]. - The partnership with EYEQ Lab is a milestone in Tianyu's globalization process, establishing a stronger foundation for future international competition [6].