AES Semigas

IQE

26 February 2025

India’s Archean investing £12m in Scotland’s Clas-SiC

Clas-SiC Wafer Fab Ltd of Lochgelly, Fife, Scotland — which was founded in 2017 and the UK’s only commercial wafer fabrication facility dedicated to silicon carbide (SiC) — has secured a £12m inward investment from Archean Chemical Industries of Chennai, India. In return for the equity investment, Archean will gain representation on Clas-SiC’s board of directors, with Ranjit Pendurthi appointed as a director.

Clas-SiC Wafer Fab focuses on providing rapid prototyping for early design concepts, reducing time to market with short-cycle time and low-rate production in Scotland.

“This investment secures next-generation technology development and manufacturing,” says Clas-SiC’s chief executive Jen Walls. “We already export power semiconductors globally, partnering with customers from North America, Europe and Asia,” she adds.

“Attracting investment from around the world is vital in growing the UK’s compound semiconductor sector and supporting the work of innovative companies like Clas-SiC,” commented UK Science Minister Lord Vallance.

For Archean Chemical Industries, the investment is seen as a strategic move towards potentially building India’s first dedicated silicon carbide power device manufacturing facility in the coming months.

See related items:

Clas-SiC qualifies Oxford Instruments’ contactless SiC plasma epi-prep

Tags: SiC

Visit: www.clas-sic.com

RSS

Book This Space