Tony Electronic signs $693M silicon carbide wafer supply deal

Zhejiang Tony Electronic's subsidiary Huzhou Tony Semiconductor signed a three-year supply contract for six-inch silicon carbide wafers worth up to CNY 4.7 billion ($693 million) with an unnamed customer. The deal covers 135,000 wafers in 2023, 300,000 in 2024, and 500,000 in 2025.

“The firm also signed a three-year supply contract yesterday for six-inch silicon carbide wafers which could be worth CNY4.7 billion based on current market prices.”yicaiglobal.com

• 2 sources
• yicaiglobal.comTony Soars as Chinese Chip Wafer Maker Says 2022 Profit to Triple, Signs USD693 Million DealTang ShihuaJan 10, 2023
• casmita.com东尼电子签订6 英寸碳化硅衬底合同 总额6亿元_企业动态_产业_新闻资讯_半导体产业网Jan 10, 2023

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