38% and 78% CAGRs forecast for SiC and GaN

2021 sales of GaN power devices are expected by TrendForce to increase 73% y-o-y this year to reach $83 million and then grow at 78% CAGR to reach $850 million in 2025. Annual SiC revenue is expected to grow at a 38% CAGR and reach $3.39 billion in 2025 For GaN, consumer electronics, NEVs, and ...

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