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Technology Stocks : Cree Inc.
CREE 64.94+2.1%9:54 AM EDT

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From: slacker71111/13/2019 9:53:43 AM
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Infineon is seeing more SiC design wins in industrial than automotive right now.

In this challenging environment, renewable energy is holding up well. Solar and wind remain growth engines and are among those areas suited for an early and rapid uptake of silicon carbide solution. Other application fields, which should see a rapid adoption of silicon carbide include energy storage, industrial power supplies and EV charging. For all these, Infineon is offering one of the broadest and most different product portfolios including discrete silicon carbide MOSFETs, hybrid and full silicon carbide modules. Our ability to address critical performance and quality requirement resonates well with customers, and we were able to significantly increase our silicon carbide design-in funnel throughout the 2019 fiscal year to more than €1.8 billion.


Yes. Adi, thank you for these questions. There is -- we have, I think, detailed communication already on the silicon carbide. 30% of the design-in funnel is coming from automotive. The rest is industrial. In industrial, we see, of course, the reported renewable energy portion and all the trains coming in as a growth potential nearer term, I think, here, Mr. Foltin can provide once more the detailed charge with this.
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