Silicon carbide power semiconductors expansion is a pivotal focus for CRRC Times Electric as the company enhances its production capabilities. The company is strategically advancing the manufacturing of silicon carbide devices and insulated-gate bipolar transistors, addressing the burgeoning demands of the railway transit and new energy vehicle sectors.
At the Zhuzhou manufacturing base, significant efforts are being put into the stabilization of two hundred millimeter silicon carbide production. Full-scale mass production is anticipated to commence by mid-2027. Concurrently, CRRC's Yixing facility is nearing completion with ninety-three percent of the investment progress achieved. This facility is expected to have a monthly capacity of thirty thousand wafers, further underlining its role in the silicon carbide power semiconductors expansion.
Currently, CRRC Times Electric is successfully mass-producing two hundred millimeter silicon carbide metal-oxide-semiconductor field-effect transistors. In addition, its portfolio includes the development of eighth-generation reverse-conducting insulated-gate bipolar transistors. Meanwhile, their fourth-generation trench-type silicon carbide devices have reached the customer sampling phase, demonstrating the company's commitment to innovation in silicon carbide power semiconductors expansion.
The company's semiconductor division has shown robust performance in the initial half of 2026, with revenue increasing by eleven point seven percent year-over-year, reaching approximately 2.7 billion yuan. However, the division’s net profit saw a decline of fifty-two point one percent to 210 million yuan, influenced by heightened market competition, increased depreciation costs, and reduced governmental subsidies. Despite these challenges, CRRC Times Electric continues to prioritize the expansion of its semiconductor capabilities to secure its position in the market.
