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A new 8-inch silicon carbide device manufacturing facility, established by Sanan Optoelectronics and STMicroelectronics, commenced operations in Chongqing, China. The project has a total investment of about 23 billion yuan ($3.2 billion) and is expected to achieve mass production in Q4 2025.
“The new facility has a total investment of about 23 billion yuan (3.2 billion U.S. dollars) and was launched in just 16 months.”english.news.cn
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