This Asia tech industry summary will mainly focus on Showa Denko's volume production of 6-inch SiC single crystal substrate and its expanded presence in the SiC supply chain; CSOT India's first-batch of LCD product shipments were delivered to Samsung, while India-based Vedanta is planning to build LCD and OLED panel plants; and Chinese automakers XPeng, NIO and Li Auto reported financial results for 2021 with XPeng's revenues and the number of autos sold significantly increasing from a year ago. The competition between the three automakers is expected to become fiercer.
Showa Denko begins volume production of 6-inch SiC single crystal substrates
Table 3: Key SiC wafer supplier capacity deployment and investments
TCL CSOT India begins shipments of LCD modules; Vedanta to make panels in India
XPeng revenues and sales surge in 2021; competition of Chine EV startups heating up.
Table 5: Chinese top-3 EV startup financial results, 2021 (CNYb)