# 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.

- Type: Contract
- Announced: 2023-01-09
- Where: Huzhou, Zhejiang, China
- Value: $693.0M (4.70B CNY)
- Status: announced
- Products: six-inch silicon carbide wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Zhejiang Tony Electronic](https://endata.com/companies/67765.md)
- [Huzhou Tony Semiconductor Technology](https://endata.com/companies/67766.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/tony-soars-as-chinese-chip-wafer-maker-says-2022-profit-to-triple-signs-usd693-million-deal), 2023-01-10: "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."
- [casmita.com](https://www.casmita.com/news/202301/10/10830.html), 2023-01-10: "东尼半导体 2023 年向该客户交付 6 英寸碳化硅衬底 13.50 万片，含税单价 5,000 元/片，销售金额合计人民币 6.75 亿元。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.