HK Stock Market Move | TIANYU SEMI (02658) rises more than 18% against the market, reportedly Samsung is restarting its SiC layout and has reached a cooperation agreement with South Korean EYEQ Lab.

TIANYU SEMI (02658) rose more than 18% against the market trend. As of the time of writing, it has increased by 17.53% to 54.3 Hong Kong dollars, with a turnover of 97.0475 million Hong Kong dollars. In terms of news, according to media and industry chain sources, Samsung Electronics has re-discussed with some partners the scale of additional equipment needed for silicon carbide (SiC) production, and has begun to promote supply chain construction. It is expected in the industry that Samsung will complete the construction of SiC test lines in 2027 and start large-scale production in 2028. Public information shows that TIANYU SEMI is China's largest and the world's third largest self-made silicon carbide epitaxial wafer manufacturer. In February of this year, TIANYU SEMI signed a strategic cooperation agreement with South Korea's EYEQ Lab Inc. focusing on the supply and application of silicon carbide epitaxial wafers. It is reported that EYEQ Lab is a leading company in South Korea's third-generation semiconductor SiC power semiconductor field. The company has previously received investment from Samsung's subsidiary Patron. Samsung Electronics is also actively expanding its business in the SiC power semiconductor field and has internally established a new SiC power semiconductor team.