FY24 Q2 Financial Outlook
SILICON CARBIDE BUSINESS OVERVIEW
Business Overview
Leading global supplier of silicon carbide (SiC) substrates for
power device and radio 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
FY24 Key Stats
~$300M
Revenue
>50%
Growth
Profitable
625
Employees
Global Footprint
Substrate
Epitaxial Wafer
Ion Implantation
COHERENT
Copyright 2023, Coherent. All rights reserved.
21View entire presentation