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Dongni Semiconductor, a subsidiary of Zhejiang Dongni Electronics, signed a supplementary agreement with customer T on January 5, 2024, amending a 2023 supply contract for 6-inch silicon carbide substrates. The amendment includes free supply of 8-inch SiC substrates in 2024 as compensation for missed 2023 deliveries, and shifts future pricing to market-based monthly orders.
Dongni Electronics' subsidiary Dongni Semiconductor signed a contract with customer T to deliver 135,000 6-inch silicon carbide substrates in 2023 for a total of RMB 675 million, with further deliveries planned for 2024 and 2025.