HK Stock Market Move | SICC Co., Ltd. (02631) rose more than 4% in the morning, AR glasses are again attracting market attention, the company has obvious advantages in the silicon carbide AR glasses track.

SICC Co., Ltd. (02631) rose over 4% in the morning, up 4.42% at the time of writing, to 63.8 Hong Kong dollars, with a turnover of 138 million Hong Kong dollars. On the news front, Meta announced the launch of three new AI smart glasses at the Connect conference, once again igniting global enthusiasm for the AR glasses market. It is reported that Meta released the Orion prototype of AR glasses last year, introducing silicon carbide waveguide technology. SICC Co., Ltd. has taken the lead in the silicon carbide AR glasses track by launching a 12-inch silicon carbide substrate, and is currently promoting the industrialization of 12-inch optical-grade substrates. The chairman of SICC Co., Ltd., Zong Yanmin, stated that with the maturity of large-size silicon carbide substrate technology, the price of silicon carbide lenses for AR glasses is expected to gradually decrease. In terms of substrate utilization, a 6-inch silicon carbide substrate can produce approximately 2 pairs of AR glasses, an 8-inch substrate can produce 3-5 pairs, and a 12-inch substrate can produce 10-12 pairs. Due to less waste at the edges with larger substrates, the unit cost is lower, making large-size silicon carbide substrates have good cost performance.