Global prices for silicon carbide (SiC) substrates are seeing a significant decrease as China ramps up production. The expansion of SiC substrate production in China has led to a surplus in the market, causing prices to plummet.
This increase in production in China has impacted the global market for SiC substrates, with prices dropping as a result. The surplus of SiC substrates has created a competitive environment, driving prices down for manufacturers and consumers alike.
As China continues to expand its production of SiC substrates, the market is expected to remain saturated, keeping prices low. This trend is beneficial for industries that rely on SiC substrates, as they can now access these materials at a more affordable cost.
Overall, the expansion of SiC substrate production in China has had a significant impact on global prices, leading to a decrease in costs for manufacturers and consumers worldwide.