Soitec and Mersen announce strategic partnership to develop new silicon carbide (SiC) substrates for the electric vehicle market

2021-12-27 00:51:00 By : Mr. tony Teng

Soitec and Mersen announce strategic partnership to develop new silicon carbide (SiC) substrates for the electric vehicle market

Bernin (Grenoble), Paris, November 30, 2021 - Soitec (Euronext Paris), a world leader in the design and production of innovative semiconductor materials, and Mersen (Euronext Paris), a global expert in electrical specialties and advanced materials, announced today that they have entered into a strategic technical partnership to develop a new family of polycrystalline silicon carbide (poly-SiC) substrates for the electric vehicle market.

Thanks to their respective experience in substrates and materials, the joint development by Soitec and Mersen of very low electrical resistivity poly-SiC substrates will optimize SiC power electronics components devised based on Soitec's SmartSiC™ technology. The collaboration between the Mersen teams in Gennevilliers and the Soitec teams in Bernin and Grenoble will strengthen this development project. The teams will also be able to benefit from the expertise of the Soitec Substrate Innovation Center within CEA-Leti to validate the progress made in the industrialization process.

Christophe Maleville, Soitec's Chief Technology Officer, said: "By further pooling our materials and semiconductor expertise, we are able to produce substrates with very advanced performance. The results are compatible with our SmartSiC™ technology, and also exceed the specifications of our customers, which are the SiC power electronic circuit foundries. With its very low electrical resistivity, the poly-SiC substrate becomes a key element of our technology, and can vastly improve energy efficiency, thus making electric vehicles more efficient."

Luc Themelin, CEO of Mersen, said: "This partnership demonstrates Mersen's polycrystalline SiC expertise and our ability to develop a custom-design product compatible with Soitec’s technology. Thanks to this strengthened partnership, we will be able to offer the electronics industry a high-performance, cost-effective substrate for the production of power semiconductors, especially for the electric vehicle market."

Soitec (Euronext, Tech 40 Paris) is a world leader in designing and manufacturing innovative semiconductor materials. The company uses its unique technologies and semiconductor expertise to serve the electronics markets. With more than 3,500 patents worldwide, Soitec’s strategy is based on disruptive innovation to answer its customers’ needs for high performance, energy efficiency and cost competitiveness. Soitec has manufacturing facilities, R&D centers and offices in Europe, the U.S. and Asia.

Soitec, SmartSiC™ and SmartCut™ are registered trademarks of Soitec.

For more information, please visit www.soitec.com and follow us on Twitter: @Soitec_EN.

Mersen is a global expert in electrical specialties and advanced materials for high-tech industries. With more than 50 industrial sites and 16 R&D centers in 35 countries around the world, Mersen develops custom-built solutions and delivers key products for clients in order to meet the new technological challenges shaping tomorrow’s world. For over 130 years, Mersen has focused tirelessly on innovation to accompany its clients and meet their needs. Be it in wind power, solar power, electronics, electric vehicles, aeronautics, space or countless other sectors, wherever technology is progressing, you will always find a bit of Mersen.

For more information, please consult Mersen’s website: www.mersen.com.

Next virtual event on December 7, 2021 at 3:30 pm: “Chip-chat: An Hour With Mersen On Its Semiconductor Strategy”

Investor Relations: Steve Babureck +33 6 16 38 56 27 +65 9231 9735 steve.babureck@soitec.com

Media Contact: Markus Payer +33 7 85 54 90 84 markus.payer-ext@soitec.com Isabelle Laurent +33 1 53 32 61 51 isabelle.laurent@oprgfinancial.fr Fabrice Baron +33 1 53 32 61 27 fabrice.baron@oprgfinancial.fr

Soitec is a French joint-stock corporation with a Board of Directors (Société Anonyme à Conseil d’administration) with a share capital of € 67,379,088.00, having its registered office located at Parc Technologique des Fontaines - Chemin des Franques - 38190 Bernin (France), and registered with the Grenoble Trade and Companies Register under number 384 711 909.

Dow Jones futures rose slightly Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally revived last week, with the S&P 500 nearly at a new high while a diverse list of leaders flashed buy signals, including AMD stock and Google parent Alphabet.

When looking for investment ideas for 2022, it pays to look at those stocks that have beaten the market in 2021. Savvy investors know that winners tend to keep on winning, so picking stocks that are already in the market-beating category can increase your odds of investing success.

Naren Gupta, a venture capitalist who co-founded Nexus Venture Partners to help plant Indian SaaS startups on the world map, died on Saturday. Gupta, who moved to the U.S. to pursue higher education in late 1960s, co-founded Integrated Systems, a software firm that was ultimately sold to Intel. After leaving the firm, Gupta began exploring investment opportunities.

Skyworks Solutions (NASDAQ: SWKS) and Chewy (NYSE: CHWY) haven't been the best performers in 2021, as shares of both companies have dipped despite terrific growth in their businesses. Let's look at the reasons why Skyworks Solutions and Chewy could go on a bull run and leave this year's disappointing performance behind. Skyworks Solutions stock has dipped of late thanks to speculation that the demand for Apple's (NASDAQ: AAPL) iPhone would take a hit in the holiday season.

(Bloomberg) -- Most Asian stocks dipped Monday, while U.S. equity futures rose, as traders looked for direction amid spiking coronavirus cases as well as a weekend pledge of greater economic support from China’s central bank.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyCases Surge Globally; Fauci Warns of Complacency: Virus UpdateWorld Economy Now Set to Surpass $100 Trillion in 2022China Reports Most Daily Local Infection Cases Since JanuaryAlex Jones' Wife Ar

These auto industry players are returning meaningful cash to investors today.

Wall Street's consensus price target for Teladoc Health (NYSE: TDOC) stock over the next 12 months reflects a 67% upside potential. It's quite possible that the spread of the omicron variant of COVID-19 could give Teladoc a boost in the near term. Teladoc enjoyed a big surge in virtual visits in 2020 thanks to the pandemic.

The Federal Reserve’s expected interest-rate increases in the year ahead could make stock investors less willing to accept lofty valuations.

Bitcoin’s price rose by more than 70% in 2021 despite the bearish sentiment in China, and more gains are expected over the coming year.

Abbott Laboratories (NYSE: ABT) shares have gained around 26% in 2021. Despite the big payout bumps, Abbott only needed around 33% of the free cash flow its operations generated over the past year to make dividend payments. Despite pandemic pressure, medical-device segment sales during the first nine months of 2021 rose 24.5% year over year to $10.6 billion.

The dividends for such stocks are pretty much their only attraction. On the other hand, you can find dividend stocks that are anything but boring and stodgy. Here are three dividend stocks that soared more than 50% in 2021 and are still great buys.

We’re about to turn the page on the calendar, put 2021 behind us, and stride into the brave, new year of 2022 – and Wall Street’s prognosticators are busy scanning the stocks to find the winners and losers for next year’s markets. Whether it’s individual stocks, whole industry sectors, or some combination of both, the analysts are finding plenty of Buy-rated equities for investors to consider. Take the automotive sector. Few industrials will present as many investment opportunities, both in 2022

SAND and MANA are two of the leading projects in the metaverse space at the moment, and their positive momentum could extend into the coming year.

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?

Will SPY continue the bull run in 2022 after the FED announced it will accelerate the reduction of its monthly bond purchases?

Hundreds of Chinese companies are listed on U.S. markets. But which are the best Chinese stocks to buy or watch right now? JD.com , Nio, Li Auto, Xpeng and BYD Co.. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity.

(Bloomberg) -- The head of Norway’s $1.4 trillion wealth fund said he expects a lengthy period of weakness in financial markets and warned that inflation could be the most significant challenge ahead.Most Read from BloombergCoronavirus Can Persist for Months After Traversing BodyCases Surge Globally; Fauci Warns of Complacency: Virus UpdateWorld Economy Now Set to Surpass $100 Trillion in 2022China Reports Most Daily Local Infection Cases Since JanuaryAlex Jones' Wife Arrested on Domestic Violen

Boeing recorded 109 737 Max orders in November and some 767 freighter orders in December. Is Boeing stock a good buy now?

Some savers may want to 'double-up,' if you will and buy I Bonds before year end. Inflation-indexed savings bonds gain more interest as prices go up.

There's no denying that 2021 has been a rough year for many biotech stocks. The shares of quite a few big and small biotech companies alike are set to finish the year in negative territory. Here's why they chose Axsome Therapeutics (NASDAQ: AXSM), Novartis (NYSE: NVS), and Vertex Pharmaceuticals (NASDAQ: VRTX).