FY24 FULL YEAR OUTLOOK slide image

FY24 FULL YEAR OUTLOOK

SILICON CARBIDE BUSINESS OVERVIEW Business Overview Leading global supplier of silicon carbide (SiC) substrates for power device and radic frequency end market applications • Large addressable market estimated to grow from $3 billion in 2022 to $21 billion in 2030 (28% CAGR) Two decades of innovation in SiC materials • Proprietary, in-house designed and built growth furnaces, control hardware and software • Industry's first 200 mm substrate, with volume manufacturing scheduled for 2024 Vertical integration strategy from substrates to modules Key technologies and development of SiC MOSFETS Global footprint with capacity to expand • 8 sites across 3 continents to support global customers ⚫ State-of-the-art 300,000 sq ft growth facility in Easton, PA with capacity to reach 1 million+ (150 mm equiv.) annual wafers COHERENT Copyright 2024, Coherent. All rights reserved.
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