Silicon Carbide Market Size to Worth USD 11.29 Billion by 2033 [Yahoo! Finance]
STMicroelectronics N.V. (STM)
Last stmicroelectronics n.v. earnings: 4/22 01:00 am
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Source: Yahoo! Finance
Ottawa, May 02, 2024 (GLOBE NEWSWIRE) -- According to Precedence Research, the global silicon carbide market size was valued at USD 3.72 billion in 2023 and is projected to surpass around USD 10.1 billion by 2031. The silicon carbide market is driven by increased industrial use, R&D projects, and advanced technology. The silicon carbide market refers to the industry involved in the production, distribution, and sale of silicon carbide (SiC) materials and products. Silicon carbide, or carborundum, is a silicon-carbon compound found in moissanite. It is abundant in space and has numerous applications, including military ballistic armor, abrasives, electric cars , semiconductor s , jewelry, fuel, and LEDs. Its hardness makes it appropriate for bulletproof armor, which is resistant to bullets and other dangerous items. Silicon carbide can be transformed into p-type or n-type semiconductors by including dopants such as boron and aluminum. It is also used in abrasives; therefore, it is l
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STM
Earnings
- 4/25/24 - Miss
STM
Sec Filings
- 5/16/24 - Form SD
- 5/13/24 - Form 6-K
- 5/6/24 - Form 6-K
- STM's page on the SEC website