AscenPower

AscenPower (芯粤能) completed the clean room for its SiC chip manufacturing project in Nansha, Guangzhou. The project involves a total investment of RMB7.5 billion ($1.04 billion) and plans an annual output of 240,000 6-inch and 240,000 8-inch SiC chips. It is expected to begin operation by the end of May 2023.