HK Stock Market Move | SICC Co., Ltd. (02631) rose more than 6% in the afternoon and has established partnerships with half of the world's top ten power semiconductor device manufacturers.

SICC Co., Ltd. (02631) rose more than 6% in the afternoon, as of the time of drafting, it had risen by 5.09%, reporting HK$61.9, with a turnover of HK$215 million. On the news front, SICC Co., Ltd. recently stated that up to now, the company has established business partnerships with more than half of the top ten global power semiconductor device manufacturers, who mainly use the company's high-quality silicon carbide substrates to manufacture power devices and RF devices, which are ultimately used in electric vehicles, AI data centers, and photovoltaic systems. According to Huaxi, solving the heat dissipation problem of CoWoS packaging has become an important issue for the development of AI chip computing power. If CoWoS replaces the Interposer with SiC in the future, and if we extrapolate based on a 35% compound growth rate and 70% SiC replacement in CoWoS after 28 years, then in 30 years, we would need over 2.3 million pieces of 12-inch SiC substrates, which is equivalent to about 9.2 million pieces of 6-inch substrates, far exceeding current production capacity.