Feizeng Semiconductor's sales are expected to exceed 100 million yuan in 2023

As of the third quarter of 2023, the cumulative shipments of Feizhen Semiconductor's silicon carbide devices have exceeded 20.5 million units. As of 2023, the cumulative shipments of 1200V silicon carbide devices have exceeded 24 million units. Feizhen Semiconductor revealed that the sales of its SiC products are expected to exceed 100 million yuan this year. Among them, SiC MOSFET revenue has increased rapidly. Compared with 2022, the revenue generated by SiC MOSFET has increased from 17% to 50%, which shows that the market recognizes Feizhen Semiconductor's products and has also promoted the continued growth of the company's business and the improvement of its market position.