Sanan STMicroelectronics invests 30 billion in silicon carbide project, with an estimated annual revenue of 17 billion

The total investment of Sanan ST's silicon carbide project is about RMB 30 billion. After completion, it will become the country's first 8-inch silicon carbide substrate and wafer manufacturing line, with an annual production capacity of 480,000 8-inch silicon carbide substrates and automotive-grade MOSFET power chips. The annual revenue is expected to reach RMB 17 billion, which will strongly promote Chongqing to build a third-generation compound semiconductor capital.