Coherent Lasers revenues $351 million

Coherent is also the world's leading supplier of silicon carbide (SiC) substrates, and its SiC products are used in power devices and RF end market applications. Coherent expects its SiC business revenue to be approximately US$300 million in fiscal year 2024, ending June 30, 2024. The company has currently won two major orders from Infineon and Guangdong Tianyu Semiconductor, and has received a huge investment of US$1 billion from two Japanese automakers, Denso and Mitsubishi Electric.