(AOF) – ROHM and STMicroelectronics have announced the extension of the existing multi-year, long-term agreement for the supply of silicon carbide (SiC) substrates in 150 mm with SiCrystal, a ROHM group company. The new multi-year agreement governs the supply of larger volumes of SiC substrates manufactured in Nuremberg (Germany) with an expected minimum value of $230 million.
Geoff West, executive vice president in charge of procurement at STMicroelectronics, said: This agreement (…) “helps strengthen the resilience of our supply chain for our future growth with a balanced mix of internal and external capabilities across regions.”
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Sector sheet – Electronics
Large TVs booming
If specialists expected less appetite for large televisions after the health crisis, this is clearly not the case. The IFA highlighted the development of this equipment, with screens that can reach up to 120 inches. This market segment should see its activity driven by next summer’s Olympic Games. Leader for seventeen years in the television market, Samsung offers the most complete technological range. Large televisions are rather standard products for the Korean giant. As for the Chinese TCL, which took second place in the world market from LG, it is banking on the accessibility of its products, with prices significantly lower than those charged by Samsung. The group achieved growth of nearly 68% between the first half of 2021 and 2022 in the segment over 65 inches. Over one year, the average size of screens marketed by TCL increased from 46.3 to 49.9 inches. Another Chinese player, Hisense, is also seeking to gain market share in this niche.