TIANYU SEMI's stock price surged 19.05% during intraday trading on Friday, significantly outperforming the broader market.
The sharp rise was driven by renewed market optimism following reports that Samsung Electronics has resumed discussions with partners regarding the scale of additional equipment required for silicon carbide (SiC) production and has begun advancing its supply chain development. Industry expectations suggest Samsung will complete a SiC pilot line by 2027 and commence mass production in 2028.
TIANYU SEMI is positioned as a key beneficiary of this development, being the largest manufacturer of self-produced silicon carbide epitaxial wafers in China and the third largest globally. The company's strategic cooperation with South Korea's EYEQ Lab Inc., a leader in the country's SiC power semiconductor sector and a recipient of investment from a Samsung subsidiary, further strengthens its connection to Samsung's expanding SiC business ambitions.
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