Reported 1 day ago
In the Greater Bay Area, semiconductor companies, particularly in Guangzhou's Nansha district, are leveraging regional advantages to meet the rising demand for next-generation chip materials, specifically silicon carbide (SiC) crucial for electric vehicles (EVs). Key players like AscenPower Semiconductors are increasing their production to support major Chinese car manufacturers, leveraging strong industrial policies and a comprehensive supply chain. The local semiconductor industry is rapidly growing, with a significant rise in output and new businesses, reflecting the booming EV market.
Source: YAHOO