Expanding into 1) Compound Semiconductor (Silicon Carbide) and 2) Zinc-Bromide Battery Technology in Energy Storage
ACI is investing GBP 15 million for a 21.33% stake in Clas-SiC Wafer Fab Limited, a UK-based Silicon Carbide (SiC) wafer foundary specializing in SiC MOSFETs and diodes. This investment secures technology exclusivity in India, enabling Archean to integrate its specialty chemicalsexpertise into SiC semiconductor business, achieving cost efficiencies and a streamlined supply chain to meet growing demand in high-growth markets like EVs and renewable energy.