Resonac (previously known as Showa Denko), a company specializing in functional chemicals, has successfully completed the entire process of fabricating 300mm silicon carbide single crystals, encompassing everything from crystal growth to substrate processing. This achievement signifies the official foray of silicon carbide semiconductor materials into the phase of ultra-large-scale commercialization. As a third-generation semiconductor material, silicon carbide offers considerable benefits across diverse fields. Consequently, there has been an explosive surge in global industry demand for devices incorporating this material. Resonac has developed a well-rounded product lineup, with its 6-inch products commanding a substantial portion of the global market and its 8-inch products already being shipped in large quantities. The advancement in 12-inch technology will further cement Resonac's dominant position in the high-end market, given that larger wafers can substantially cut down on chip manufacturing costs. This technological leap forward can be attributed to the company's proprietary crystal growth control system and precision processing methods. The related technologies have garnered multiple international patents and boast leading-edge parameters. It is anticipated that by 2027, the global silicon carbide market will surpass USD 10 billion. Resonac intends to ramp up its monthly production capacity of 12-inch substrates to the thousand-unit range within the next three years and enhance collaborative innovation to foster the enhancement of the industrial ecosystem.