Great Wall Motors strategically led the investment in Tongguang Shares, laying out the core industries of the third generation of semiconductors

Jiwei Network News, on December 29, Great Wall Motor Co., Ltd. (hereinafter referred to as "Great Wall Motor") and Hebei Tongguang Semiconductor Co., Ltd. (hereinafter referred to as "Tongguang Shares") signed a strategic investment agreement to officially enter the third-generation semiconductor core industry.

Image source: Great Wall Motors

According to the news of Great Wall Motors, this time, Great Wall Motors, as the leading investor, will promote the development of the latter's silicon carbide industry, focus on the application of the third-generation wide bandgap semiconductor silicon carbide in the new energy automobile industry, and promote the industrialization of silicon carbide semiconductor materials and chips. At the same time, the two sides will promote the accumulation of technology in the field of third-generation semiconductors, promote the vertical layout of the semiconductor industry chain, accelerate the pace of research and development and expansion of Tongguang shares, form a more concentrated development pattern and a more perfect industrial chain, and provide important support for the development of the new energy automobile industry.

It is reported that Tongguang Co., Ltd. was established in 2012, relying on the Institute of Semiconductors of the Chinese Academy of Sciences, specializing in the research and development, preparation and sales of silicon carbide single crystal, is the largest scale in Hebei Province, and is also the first high-tech enterprise in China to achieve mass production of the third generation of semiconductor material silicon carbide single crystal substrate. In September this year, Tongguang Co., Ltd.'s first expansion project Laiyuan factory has been put into operation, and in the future, it is planned to build 2,000 silicon carbide crystal growth furnace growth bases and processing bases, and the annual production capacity of silicon carbide single crystal substrates will reach 600,000 pieces.

Previously, Great Wall Motors proposed to combine core technologies such as silicon carbide, large computing chip, and information fusion to increase investment in the field of intelligence and new energy; in terms of product application, the first high-end model Mecha Dragon released by Sharon Automobile, an independent operating brand newly incubated by Great Wall Motors, has applied silicon carbide products, and subsequent series models will also apply silicon carbide products on a large scale. (Proofreading/Ruo Bing)