Epiworld International makes silicon carbide epitaxial wafers that customers use to fabricate power transistors and diodes, supplying 8-inch wafers commercially.
Epiworld International secures a $95.8 million supply deal with an unnamed international customer, surpassing its total annual revenue. The Xiamen-based company specializes in silicon carbide (SiC) epitaxial wafers, critical for power electronics and electric vehicle applications. The contract highlights growing demand for high-performance semiconductor materials in global markets.
Epiworld International secures a potential **US$95.8 million** order for silicon carbide wafers from a global industry leader. The deal highlights demand for advanced semiconductor materials in high-performance applications. Epiworld, a Hong Kong-listed company, supplies critical components for power electronics and electric vehicle infrastructure.
Silicon carbide epitaxial wafer supplier **Epiworld International Co. Ltd.** (2726.HK) opened **52.2% higher** in its Hong Kong trading debut. By midday, its shares stood at **HK$102.60**, marking a **34.54% gain** over its initial public offering price.
Latham & Watkins advises CICC as the sole sponsor for EpiWorld International’s HK$1.64 billion IPO on the Stock Exchange of Hong Kong. The offering includes 21.49 million H-shares priced at HK$76.26 each. EpiWorld International is raising capital through this public listing.