SICC Shares Surge Over 15% Intraday; 8-Inch SiC Substrate Volume Production May Drive Profit Recovery

Deep News07-31 11:11

SICC (02631) surged over 15% in early trading, and as of the time of writing, the stock price is up 8.70% at HKD 56.20, with a trading volume of HKD 1.20.

Infineon recently stated that its SiC business has entered the system-level application stage, and STMicroelectronics expects SiC revenue to grow by double digits. SICC is recognized as a global leading manufacturer of silicon carbide substrates.

Dongwu Securities (Hong Kong) released a research report indicating that 2026 will be a key validation period for SICC's 8-inch volume production and profitability realization. If the gross margin continues to improve quarter-over-quarter, operating profit turns positive, and exchange rate fluctuations decrease, the company's earnings potential could be further unleashed.

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