Capacity, Applications, and Outlook

Wafer Production: N-Type Demand Steadily Increases as Large- Sized Wafer Market Persists in Robustness TRENDFORCE The production of large-sized wafers occupied a leading ratio of 75.42% in demand between January and May 2022, of which 210mm had accounted for 20.06%. The diminishing demand for 166mm and below wafers had yielded a production ratio of 21.08% for the same period. More than 50% of businesses are currently producing 210mm wafers. In order to conform to the large-sized tendency, a number of wafer businesses are expanding their capacity to being compatible with 210mm and below sizes. More than 50% of wafer businesses are currently producing 210mm wafers, and they are Zhonghuan, Shangji, JYT, GCL, Gokin, Huantai Meike, Jinko, Yuze, Canadian Solar, and Tonghe. The demand for large-sized N-type wafers is likely to gradually ascend with downstream N-type modules getting verified by projects. According to statistics, most module products have adopted 182mm and 210mm (including 210R) wafers, expect individual businesses who remain on 166mm wafers for their N-type modules. Demand for large-sized N-type wafers is expected to surge alongside the steadily increasing acceptance from the N-type module market. Production Ratio of Various Sized Wafers between January and May 2022 (Unit: %) 20.06% 3.49% ■ 21.08% 55.37% ■ 166&below ■ 182 ■ 210 Production Ratio among Various Businesses between January and May 2022 (Unit: %) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% ■ N ■LONGI ■ Meike 166&below Zhonghuan ■ Jinko 182 210 N ■ Shangji Solargiga Jingyuntong ■ YUZE ■GCL ■ Gokin ■ JA ■ Others OTrend Force All Rights Reserved

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