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Currently, the semiconductor cycle is declining, and multiple segments of the semiconductor industry chain are clearly entering the inventory adjustment cycle. However, driven by the significant increase in demand for the two mainstream applications of electric vehicles and solar photovoltaic, IGBT (Insulated Gate Bipolar Transistor) has recently experienced a significant shortage. Not only has the price increased continuously, but the industry has described the shortage as "not a matter of how high the price is, but simply not being able to buy".

Recently, Li Dong, the manager of high-speed and high-frequency product line management for TE Connectivity's automotive business unit in China, delivered a speech at the annual conference of the wire harness industry, showcasing a series of measures and achievements of TE Automotive's business unit in China's manufacturing enabling automotive industry. At the same time, Cao Xize, Sales Director of TE Automotive Business Unit in China, attended the Summit Roundtable Forum as a nonvoting delegate to express opinions on industry development history, standards, trends, and hot issues.

Data shows that the delivery time of the semiconductor industry has been shortened for 9 consecutive months, indicating that the crisis of "core shortage" for about two years caused by the COVID-19 has passed

According to the latest research data of the market research institute, with the clarity of cooperation projects between Ansemi, Infineon and other automotive and energy industries, it is expected that the overall SiC power component market output value will reach 2.28 billion US dollars in 2023, with an annual growth of 41.4%.