Indichip and YMTL invest $1.6 billion in SiC wafer factory in India

Indichip Semiconductors Ltd. partnered with Japan's Yitoa Micro Technology (YMTL) to invest ₹140 billion (approximately $1.6 billion) in building a silicon carbide wafer factory in Andhra Pradesh, India. Initial capacity is projected at 10,000 wafers per month, expanding to 50,000 wafers per month within 2-3 years.

“Indichip Semiconductors Ltd., a power semiconductor startup headquartered in Amaravati, India, has partnered with Japan’s Yitoa Micro Technology (YMTL) to invest ₹140 billion (approximately $1.6 billion) in building a silicon carbide wafer factory in Andhra Pradesh, India.”trendforce.com

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