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IIVI - II-VI: Eyes On Carbide Automotive Chip Market As Semiconductor Shortage Ends
II-VI Incorporated
Through a series of strategic and successful acquisitions, II-VI has expanded its portfolio of materials and product platforms.
As the semiconductor shortage comes to an end, II-VI is strategically positioning itself as a Silicon Carbide (SiC) wafers and automotive chips leader.
SiC inverter market for EVs for 2021 and 2030 could exhibit a (compound annual growth rate) of 56% vs 25% for EVs.