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The silicon nitride market is projected to grow from $90 million in 2018 to $127 million by 2023, expanding at a CAGR of 7.2% during the forecast period.
Cree, Inc. recently announced that it will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200-mm silicon carbide fabrication facility and a materials mega-factory at its U.S. campus headquarters in Durham, N.C.
Corning achieved GAAP sales of $2.8 billion and core sales of $2.9 billion in the first quarter of 2019, representing an increase of 12% and 13%, respectively, compared to the 2018 quarter.
For the second consecutive year, Kyocera reportedly attained record consolidated sales revenue, totaling ¥1.6 trillion (approximately $14.6 billion), an increase of 3% over the prior year.
Corning Inc. recently announced that it is showcasing a collection of its ceramic and glass technologies in booth 617 at Ceramics Expo in Cleveland, Ohio.
An increasing number of OEMs are now poised to give into popular consumer demands and integrate Amazon Alexa and Google Assistant in-vehicle, without the need for a handset and despite concerns over data and OEM branding.
As voice control continues to gain popularity in the home, consumers are increasingly hoping to use Amazon Alexa, Google Assistant, or Apple Siri in the vehicle too, according to ABI Research.