HK Stock Market Move | EPIWORLD (02726) rises more than 7%, the company has taken the lead in mass production of 8-inch silicon carbide epitaxial wafers, deeply binding with top global power device customers.

EPIWORLD (02726) rose more than 7%, rising to 7.68% as of the time of publication, reaching 103.7 Hong Kong dollars, with a turnover of 164.71 million Hong Kong dollars. On the news front, an Industrial report pointed out that the current silicon carbide epitaxy industry is accelerating the shift from 6-inch to 8-inch, with the larger size increasing the value and profit elasticity. EPIWORLD has taken the lead in 8-inch mass production. In the short term, the industry is oversupplied, with low-end homogenized production capacity accelerating clearance, while high-end products for automotive regulations continue to have tight supply. In terms of capacity, monthly capacity is expected to reach 76,000 pieces by the end of 2026, and the company's capacity is rapidly expanding. In addition, preparations for the supply chain of 12-inch products have begun, continuously widening the generational gap with followers. Industrial believes that EPIWORLD is a leader in the global silicon carbide (SiC) epitaxial wafer field, having completed the leap from "domestic substitution" to "global number one." With deep technological barriers, leading in 8-inch and 12-inch large size advantages, and strong ties with global leading power device customers, the company's business is expected to grow rapidly as the demand for silicon carbide devices enters the next growth period. Compared to the standardized and highly competitive silicon carbide substrate segment, silicon carbide epitaxy (EPI) requires customization based on customer needs, with a higher entry threshold. Additionally, as the application end voltage levels continue to increase, higher voltage epitaxy has higher value, and the industry structure is relatively stable, leading to better growth and profitability than the industry average.