Resonac plans to expand SiC production capacity and obtain government subsidies

Resonac plans to invest about 30 billion yen (about 1.5 billion yuan) to expand its silicon carbide production capacity and add a SiC substrate production line at its Yamagata Prefecture plant. Mass production is expected to start in 2027, and the Ministry of Economy, Trade and Industry of Japan will subsidize up to 10.3 billion yen (about 500 million yuan).