What TANKEBLUE does

TANKEBLUE (Beijing TankeBlue Semiconductor Co., Ltd.) is a Chinese Silicon Carbide (SiC) substrate and epitaxy manufacturer founded in 2006, headquartered in Beijing Daxing District, and listed on the NEEQ New Third Board (stock code 870013). The company is vertically integrated across the full SiC material production chain, covering high-purity SiC powder synthesis, proprietary fifth-generation PVT crystal growth furnaces, single crystal growth, wafer processing, cleaning/inspection, and epitaxial wafer preparation. Its product portfolio spans 4-inch, 6-inch, and 8-inch conductive and semi-insulating SiC substrates, 6-inch and 8-inch conductive epitaxial wafers, SiC powder, single crystal growth furnaces, and moissanite (gem-grade SiC) crystals. The company holds 121+ patents (64+ invention patents) and has led the development of multiple national and group standards for SiC wafers.

TANKEBLUE operates a sales-led B2B enterprise model through direct sales teams targeting power semiconductor IDMs and device manufacturers. Major customers include Infineon Technologies (long-term supply agreement for 150mm and 200mm SiC materials, May 2023), Xilian Integrated (China's #1 SiC MOSFET shipper in 2023), CRRC, SGCC, and CETC research institutes. The company exports to 20+ countries and serves 200+ domestic customers plus 60+ research institutions. Per Yole's Power SiC and GaN Compound Semiconductor Market Monitor (Q1 2024), TANKEBLUE ranked #2 globally in conductive SiC substrate market share at approximately 18%, and 2023 annual revenue exceeded 1.5 billion RMB.

Manufacturing is distributed across four sites: Beijing (headquarters and substrate production base with 400+ crystal growth furnaces), Jiangsu Xuzhou (substrate preparation with planned 230,000 wafers/year capacity after Phase II), Shenzhen (substrate and epitaxy production), and Shenyang (crystal growth furnace manufacturing). Recent expansion includes the November 2024 groundbreaking of the Beijing Phase 2 project focused on 8-inch SiC substrate mass production. The company is led by General Manager Yang Jian and Chief Scientist Chen Xiaolong (elected CAS Academician in November 2025), with Chairman Liu Wei providing governance oversight.

Name

TANKEBLUE

Legal name

北京天科合达半导体股份有限公司

Website

https://tankeblue.com

Company type

Public

Founded year

2006

Operating status

Operating

Short description

TANKEBLUE is a Chinese Silicon Carbide substrate and epitaxy manufacturer producing 4/6/8-inch conductive and semi-insulating SiC wafers for power semiconductor, RF, automotive, and renewable energy applications, serving global IDMs and domestic device makers.

Ownership category

akta.pro rank

Product category

Semiconductor Materials

NAICS

Semiconductor and Related Device Manufacturing (334413)

SIC

Semiconductors & Related Devices (3674)

akta.pro primary industry

Compound Semiconductor Wafers & Substrates (SiC/GaN/GaAs/InP/Sapphire) (HDAHAGAB)

akta.pro secondary industries

Wafer Services & Reclaim (Epitaxy, Thinning, Reclaim) (HDAHACAH), Thin-Film Deposition Materials (PVD/CVD/ALD Targets & Precursors) (HDAHAGAH)

Keywords

• Silicon carbide substrates
• SiC epitaxial wafers
• Semiconductor materials
• Wide bandgap semiconductors
• Single crystal growth furnaces

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. SiC Substrates (Wafers) Sales: Sale of 4-inch, 6-inch, and 8-inch conductive and semi-insulating SiC substrates. Revenue stream from direct sales to domestic and international semiconductor manufacturers and IDMs. In 2023, company revenue exceeded 1.5 billion RMB. Conductive substrates are used in power devices for EVs, PV inverters, rail transit; semi-insulating substrates support GaN-on-SiC RF devices for 5G and radar applications.
2. SiC Epitaxial Wafers Sales: Sale of SiC epitaxial wafers grown on self-produced substrates, providing integrated substrate+epitaxy solutions to customers seeking unified supply chain sourcing.
3. SiC Single Crystal Growth Furnace Sales: Sale of proprietary fifth-generation SiC crystal growth furnaces to universities, research institutes, and industrial customers. Furnaces priced at approximately 1/4 the cost of comparable foreign equipment.
4. Moissanite (Gem-quality SiC) Crystal Sales: Sale of synthetic moissanite gemstones and jewelry made from SiC crystals, targeting consumer and jewelry markets.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

TANKEBLUE manufactures and sells silicon carbide (SiC) substrates and epitaxial wafers, including 4/6/8-inch conductive and semi-insulating grades, used as the base material for power semiconductor devices. The company also produces SiC powder, SiC crystals, SiC single-crystal growth furnaces, and moissanite crystals, supplying power device IDMs, foundries, and downstream OEMs across electric vehicles, renewable energy, rail transit, smart grid, 5G communications, and aerospace and defense markets.

Product overview

TANKEBLUE (北京天科合达半导体股份有限公司) is a Silicon Carbide (SiC) substrate and epitaxy integrated solution provider, offering a comprehensive product portfolio across the SiC materials value chain. The core product line consists of SiC substrates (4-inch, 6-inch, and 8-inch in both conductive and semi-insulating types), SiC epitaxial wafers (6-inch and 8-inch conductive), SiC crystals, SiC powder, SiC single crystal growth furnaces (fifth-generation PVT furnace), and moissanite crystals. The company provides a 'substrate + epitaxy' integrated solution, combining self-made conductive substrates with epitaxial products to serve automotive, EV charging, PV inverter, energy storage, rail transit, smart grid, and 5G/RF applications. Recent additions include 8-inch optical-grade SiC substrates for AR waveguide lenses, 12-inch heat-dissipation-grade substrates, and liquid-phase P-type 6-inch substrates.

Differentiator

Problem solved

Functional benefit

Products and services

• 8-inch Conductive SiC Substrate An 8-inch (200 mm) conductive silicon carbide substrate used as the base wafer for fabricating power semiconductor devices such as SiC MOSFETs and diodes, targeted at power device IDMs and foundries serving EV, renewable energy, rail transit, smart grid, 5G communications, and aerospace and defense markets.
• 6-inch Conductive SiC Substrate A 6-inch (150 mm) conductive silicon carbide substrate used as the base wafer for power semiconductor devices such as SiC MOSFETs, IGBTs, and Schottky diodes, supplied to power device IDMs, foundries, and module manufacturers.
• 4-inch Conductive SiC Substrate A 4-inch (100 mm) conductive silicon carbide substrate used as the base wafer for power semiconductor device manufacturing, primarily serving power electronics customers requiring smaller-diameter wafers.
• 6-inch Semi-Insulating SiC Substrate A 6-inch semi-insulating silicon carbide substrate used for fabricating GaN-on-SiC RF and microwave devices, LEDs, and laser diodes, supplied to RF and optoelectronics device manufacturers.
• 4-inch Semi-Insulating SiC Substrate A 4-inch semi-insulating silicon carbide substrate used for RF devices, LEDs, and laser diodes, supplied to specialty electronics device manufacturers.
• 8-inch Conductive SiC Epitaxial Wafer An 8-inch conductive silicon carbide epitaxial wafer with a controlled epitaxial layer grown on an 8-inch SiC substrate, supplied to power semiconductor device manufacturers needing ready-to-process epitaxial material.
• 6-inch Conductive SiC Epitaxial Wafer A 6-inch conductive silicon carbide epitaxial wafer with a controlled epitaxial layer grown on a 6-inch SiC substrate, supplied to power device manufacturers producing SiC MOSFETs and diodes.
• SiC Powder Silicon carbide powder produced by TANKEBLUE, used as raw material for SiC single crystal growth and sold for downstream industrial uses.
• SiC Crystal Bulk silicon carbide single crystals grown by TANKEBLUE, used as the starting material for its SiC substrate wafers and sold for research and industrial applications.
• SiC Single Crystal Growth Furnace Proprietary silicon carbide single crystal growth furnace designed and manufactured by TANKEBLUE, used internally for crystal production and sold to crystal growers.
• Moissanite Crystal Moissanite crystals produced by TANKEBLUE for jewelry applications, including rings, earrings, and pendants, and sold as gem material.
• 8-inch Optical-Grade SiC Substrate A new-generation 8-inch silicon carbide substrate developed for optical-grade applications, supplied to optical device manufacturers.
• 12-inch Heat-Dissipation-Grade SiC Substrate A new-generation 12-inch silicon carbide substrate developed for heat-dissipation applications, targeted at thermal management and advanced device applications.
• Liquid-Phase P-Type 6-inch SiC Substrate A new 6-inch P-type silicon carbide substrate produced via liquid-phase growth, supplied to power and specialty device manufacturers seeking P-type SiC wafers.

Quantifiable outcome

• 8-inch SiC substrate reduces edge waste by 7% compared to 6-inch, enabling ~90% more chips per wafer
• +5 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Mude Micro-nano (慕德微纳)coreStrategic or Co-development Partner · 21 February 2025TANKEBLUE and Mude Micro-nano signed an investment contract to jointly establish a joint venture company for AR diffractive waveguide lens technology R&D and market promotion. TANKEBLUE provides high-quality SiC substrates for AR waveguides while Mude Micro-nano contributes micro-optics and AR waveguide processing expertise. The collaboration aims to accelerate AR waveguide technology breakthroughs for consumer AR glasses.
• Xilian Integrated (芯联集成)coreStrategic or Co-development Partner · 18 January 2024TANKEBLUE supplies SiC substrates to Xilian Integrated, which achieved China's #1 SiC MOSFET shipments in 2023. Xilian Integrated recognized TANKEBLUE as its '2023 Excellent Supplier'. Both companies grew significantly in 2023 with aligned production capacity expansion matching demand growth.
• Infineon Technologies (英飞凌)coreStrategic or Co-development Partner · 3 May 2023Infineon signed a long-term supply agreement with TANKEBLUE for 150mm SiC wafers and ingots, expected to account for a double-digit share of Infineon's long-term SiC material demand. TANKEBLUE will also provide 200mm diameter SiC materials to support Infineon's transition to larger wafers. This partnership diversifies Infineon's SiC supply chain and supports its goal of reaching 30% global SiC market share by 2030.
• National Key R&D Program Consortium (国家重点研发计划项目联合体)coreStrategic or Co-development Partner · 27 December 2021TANKEBLUE leads the national key R&D project 'Large-size SiC Single Crystal Substrate Preparation Industrialization Technology' jointly with 11 partner institutions including Shanxi Shuoke Crystal, CAS Institute of Physics, China Electronics Technology Group 13th and 46th Research Institutes, Xidian University, Northwestern Polytechnical University, and ZTE Corporation.
• Wide Bandgap Semiconductor Technology Innovation Alliance (中关村天合宽禁带半导体技术创新联盟)coreStrategic or Co-development Partner · 27 April 2016TANKEBLUE co-founded and serves as the leading理事长单位 (chairman unit) of the Wide Bandgap Semiconductor Technology Innovation Alliance, which brings together research institutes, universities, and enterprises in the SiC and GaN industry chain. The alliance has published 4 group standards and organized the APCSCRM international conference series.
• Chinese Academy of Sciences Institute of Physics (中国科学院物理研究所)coreStrategic or Co-development PartnerTANKEBLUE's technology originates from CAS Institute of Physics research projects led by Chen Xiaolong. The institute serves as a long-term technology partner, contributing to the development of SiC crystal growth technology and hosting the Wide Bandgap Semiconductor Innovation Alliance office.
• MTK Company (Japan distributor)minorChannel Partner/ Reseller/ DistributorTANKEBLUE partners with MTK Company as its Japan distributor for SiC substrate products, participating together in SEMICON Japan exhibitions to serve the Japanese market.

Scale indicators11 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Wolfspeed: Wolfspeed is the global #1 SiC substrate supplier and the most direct peer to TANKEBLUE. Both companies manufacture 6-inch and 8-inch SiC substrates using PVT methods, targeting identical power device and RF customer bases. Wolfspeed's pure-play SiC focus and vertically integrated device business make it the closest strategic comparable.
• SICC (Shanghai SICC): SICC is TANKEBLUE's primary Chinese competitor in SiC substrates, and together the two companies hold ~40% of global market share. SICC focuses on 6-inch and 8-inch conductive SiC substrates for power electronics with similar PVT-based production. Direct head-to-head competition in China and globally.
• Coherent (formerly II-VI): Coherent's Materials segment produces 6-inch and 8-inch SiC substrates for power and RF applications. As one of the established Western SiC substrate suppliers (acquired via II-VI's Finisar/SiC portfolio), Coherent competes with TANKEBLUE for global IDM customers including automotive and industrial power device makers.
• Resonac (formerly Showa Denko): Resonac is a leading Japanese SiC substrate manufacturer producing 6-inch conductive and semi-insulating wafers. As a major global SiC substrate incumbent with deep Japanese IDM relationships, Resonac directly competes with TANKEBLUE in both power device and GaN-on-SiC RF substrate markets.
• ROHM: ROHM operates a vertically integrated SiC business including substrate production via its SiCrystal subsidiary, plus SiC MOSFETs and modules. Competes with TANKEBLUE on the substrate side for power device customers globally, and overlaps in serving automotive traction inverter and industrial power conversion markets.
• SK Siltron CSS: SK Siltron CSS is the Korean SiC substrate subsidiary of SK Siltron, producing 6-inch and 8-inch SiC substrates for global power semiconductor customers. Direct competitor to TANKEBLUE in the global automotive and industrial SiC supply chain, with similar PVT-based crystal growth technology.

Emerging players

• Soitec: Soitec has entered the SiC substrate market with its SmartSiC engineered substrates targeting power electronics applications. While smaller in scale than TANKEBLUE's traditional PVT substrates, Soitec represents an emerging alternative technology approach that could compete in next-generation power device wafer requirements.

Broad incumbents

• STMicroelectronics: STMicroelectronics is a major SiC device maker with vertically integrated substrate sourcing, competing with TANKEBLUE indirectly as a customer/competitor in automotive SiC MOSFETs and modules. ST's broad semiconductor portfolio and global automotive customer relationships create overlap in the end-customer base, though ST does not commercialize pure substrates at TANKEBLUE's scale.
• onsemi (ON Semiconductor): onsemi is a leading SiC power device manufacturer serving automotive and industrial markets. While primarily a device company rather than substrate producer, onsemi competes with TANKEBLUE's downstream customers (power device makers) and has expanded into SiC substrate sourcing, creating competitive overlap at the device level for the same EV/PV end-markets.

Others

• Infineon Technologies: Infineon is TANKEBLUE's largest disclosed strategic customer with a long-term SiC wafer and ingot supply agreement signed May 2023. While primarily a power semiconductor IDM (and thus customer rather than competitor), Infineon's vertical integration efforts and goal of 30% SiC market share by 2030 create an ecosystem dependency where Infineon's SiC device strategy shapes TANKEBLUE's substrate opportunity set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TANKEBLUE