Tianyu Semiconductor benefits from the rapid development of the new energy industry

With the rapid development of new energy-related industries in China and around the world, Tianyu Semiconductor's product shipments have increased significantly as a core supplier of third-generation silicon carbide semiconductor materials. During the past performance record period, the company's sales (including in-house epitaxial wafers and epitaxial wafers sold as foundry services) increased from 17,001 wafers in 2021 to 44,515 wafers in 2022, and further increased to 132,072 wafers in 2023. The compound annual growth rate is 178.7%.