China Resources Microelectronics and Silan Microelectronics will lead the domestic power device market in 2023

In 2023, China Resources Microelectronics and Silan Microelectronics performed well among local power device manufacturers, ranking first and second with revenues of 9.9 billion yuan and 9.34 billion yuan respectively. Both companies are IDM model manufacturers, showing the competitive advantages of the IDM model in the field of power devices.