San'an Semiconductor secures $525M silicon carbide chip order from NEV maker

Hunan San'an Semiconductor, a subsidiary of San'an Optoelectronics, signed a letter of intent on November 6, 2022, to supply silicon carbide chips worth CNY 3.8 billion ($525 million) to an unnamed new energy vehicle company. The partnership includes R&D in 2023 and bulk supply from 2024 to 2027.

“San’an Optoelectronics’ semiconductor subsidiary has secured an order worth CNY3.8 billion (USD525 million) to develop and manufacture silicon carbide chips for a new energy vehicle company.”yicaiglobal.com

• 1 source
• yicaiglobal.comSan’an’s Semiconductor Unit Secures USD525 Million Order From NEV MakerTang ShihuaNov 8, 2022

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