X-FAB's SiC revenue in the first quarter was US$26.3 million, a year-on-year increase of 100%

X-FAB's performance report for the first quarter of 2024 showed that the company's total revenue was US$216.2 million, a year-on-year increase of 4%. Among them, the revenue of the SiC business reached US$26.3 million, achieving a year-on-year increase of 100%. This growth was mainly due to the strong performance of the company's core businesses in the automotive, industrial and medical fields.