The 137th Canton Fair, held in Guangzhou, marked a remarkable milestone for Silicon Metal Producers as international participation soared to unprecedented levels. With a staggering attendance of 288,938 overseas buyers from 219 countries and regions, this year's event showcased a 17.3% increase compared to the previous fair. The thriving atmosphere was further amplified by a recorded on-site export intention of $25.44 billion, representing a 3% growth from last year. As the fair concluded, it set a promising stage for future engagements, with applications for the next edition already underway. Silicon Metal Producers particularly benefited from the exposure and networking opportunities presented at this prominent trade platform, reinforcing their position in the global market. The ongoing operations of the Canton Fair's online platform ensure that the momentum will continue for businesses throughout the year, as they prepare for the upcoming 138th edition scheduled for October 15 to November 4.

As the demand for advanced electronic devices continues to surge, the semiconductor industry is undergoing a transformative shift toward more efficient and powerful solutions. Silicon Carbide (SiC) semiconductors have emerged as a game-changer, primarily due to their superior thermal conductivity and efficiency compared to traditional silicon counterparts. According to a recent report from MarketsandMarkets, the SiC semiconductor market is projected to grow from $2.06 billion in 2023 to $6.74 billion by 2028, at a compound annual growth rate (CAGR) of 27.2%. This rapid expansion is driven by the increasing adoption of electric vehicles, renewable energy systems, and industrial applications that demand high performance and reliability. As we delve into the future of technology, unlocking the potential of SiC semiconductors will be crucial in addressing the challenges of energy efficiency and sustainability, paving the way for innovative solutions that can reshape various sectors.