China Resources Microelectronics Automotive Products

In high-end application fields such as automotive electronics and new energy, China Resources Microelectronics' products have successfully opened the doors of key automakers such as BYD, Geely, FAW, and Great Wall. The sales territory of MOSFET products in automotive electronics, industry, AI servers and other fields continues to expand, which has effectively promoted the comprehensive and high-end application of MOSFET products. In the field of third-generation semiconductors, SiC and GaN power devices continue to strive to promote mid-to-high-end applications, and sales revenue in the first half of 2024 maintained rapid year-on-year growth. The company has achieved fruitful results in the market promotion of IGBT modules, IPM, TMBS modules, and MOSFET modules, with an overall scale growth of 85%. Recently, China Resources Micro revealed in an institutional survey that the company has decisively raised prices for some MOSFET, IGBT and other products in the first half of the year.