Sunwise Technology made an announcement via a statement, revealing that on September 12, its subsidiary, Sunwise Asia - Pacific Semiconductor Technology (Zhejiang) Co., Ltd., formally entered into a strategic cooperation framework agreement with Hunan San'an Semiconductor Co., Ltd., thus forging a comprehensive strategic partnership.

Sunwise Semiconductor is dedicated to the research, development, and production of power semiconductor devices. San'an Semiconductor, a wholly - owned subsidiary of San'an Optoelectronics, boasts a vertically integrated manufacturing service platform that spans the entire silicon carbide industry chain. Moreover, its 8 - inch silicon carbide chip production line has officially kicked off operations.

As per the agreement, San'an Semiconductor will guarantee a steady and punctual supply of products tailored to Sunwise Semiconductor's requirements. In return, Sunwise Semiconductor will be granted priority supply rights. Additionally, the two parties will collaborate to evaluate the market's growth potential and devise capacity expansion strategies.