Major domestic silicon carbide substrate manufacturers are facing difficulties, and small and medium-sized enterprises are in a difficult situation

Due to fierce price competition caused by overcapacity, major domestic silicon carbide substrate manufacturers such as Tianyue Advanced and Tianke Heda are facing the dilemma of "increasing revenue but not profits". Their financial reports show that net profit margins continue to decline, and some quarters even suffer losses. At the same time, some small and medium-sized enterprises with backward technology and low product yields, such as Hebei Puxing Electronics and Zhongke Steel Research, are also in a difficult situation and have to sell off their inventories at low prices. Some companies are even on the verge of exiting the market.