CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand 
First Western Ship Transits Strait of Hormuz Since Iran War Began 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Cathay Pacific Holds Firm on Flight Capacity Amid Middle East Conflict and Rising Fuel Costs 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
Jefferies Upgrades Sodexo to Buy With €55 Target After Historic CEO Appointment 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Star Entertainment Secures $390M Refinancing Deal to Stabilize Operations 
Ukrainian Drones and the #MadeByHousewives Movement: Kyiv Fires Back at Rheinmetall CEO 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
MERRIMACK, N.H., July 13, 2017 -- GTAT Corporation (GT) announced that it has launched for commercial sale a silicon carbide production solution with a stable and repeatable process, capable of producing high-quality, semiconductor grade, six-inch silicon carbide boules. With this breakthrough, the company now offers a complete silicon carbide production solution capable of achieving industry leading cost points. The company offers its SiClone™200 furnace, a production-ready sublimation furnace, along with process technology, hot zones, and technical support to companies wishing to produce silicon carbide boules and wafers.
“This is an important milestone for the company and the power electronics industry,” said Greg Knight, CEO at GT Advanced Technologies. “Our crystal growth experts have worked hard to achieve a repeatable, high-yield process technology for producing high quality silicon carbide boules. Much of the world’s silicon carbide production remains captive, which limits supply and keeps prices high. Our silicon carbide solution will help to increase the availability of silicon carbide semiconductors at significantly lower costs by increasing supply as production increases. We view this as a key step in enabling new high power semiconductor applications targeting market verticals such as electric vehicles and next generation PV inverters.”
GT has a long history with developing silicon carbide equipment and solutions going back more than 15 years. The company pioneered the growth of two and four-inch silicon carbide boules in its SiClone sublimation furnaces. The company is well positioned to offer production-ready solutions with technology covering the entire production process.
About GTAT Corporation
GTAT Corporation is a diversified technology company producing innovative crystal growth equipment for the solar PV and power electronics industries and sapphire material for precision optics and other specialty industries. The company’s technical innovations accelerate the use of advanced materials, enabling a new generation of products across this diversified set of global markets. For more information about the company, please visit www.gtat.com.
Contact: GT Advanced Technologies Jessica Forleo [email protected] Tel: 603-589-3741
