Martin Jungfleisch
I have two questions, please. First one, the silicon carbide order in the second quarter. Can you tell us how much will be delivered of that EUR105 million in 2024 and how much will be recorded in 2025? And then maybe if you can also comment how much of that order was coming out of China, please?
Felix Grawert
I don't have the data here. I have to do it out of my memory. So my message is a bit inaccurate, but qualitatively, I can give it to you. I would guess 25%, 30% gets shipped still in '24 from what I know, which customers are behind it. The rest goes into '25. Mostly, there is two existing customers behind of it and one new customer, which we got on board in the first quarter. In the first quarter, we announced the new customer is on board. Now in the second quarter, there was a very big volume order placed from that customer. So the majority goes into '25. And out of those orders, there was also a decent part coming out of China, I think there was multiple China customers amongst that. So yes, there was a certain China fraction but I'm not able to quantify how much of that it was. ------------------------------------- My guess is that Hunan Sanan is the major new Chinese customer, and other Chinese customers might include TYSIC (Tianyu). They are all expanding 8" SiC epi wafers capacity aggressively.
I posted previously that Sanan, including Hunan San and Sanan-STM JV were hiring engineers with Aixtron experience. From a new press release:
"...Sanan Optoelectronics' financial report also revealed the equipment procurement of Hunan Sanan's silicon carbide project - Sanan Optoelectronics' Hunan Sanan letter of credit guarantee is 150.19 million yuan, mainly used to purchase silicon carbide equipment from companies such as Aixtron, LPE, Asher, and KLA..."
|