let's calm down and summarise please, page-24

Ok, Whilst Im bored lets go find out some more on silicon carbide... obviously im only researching and nothing here applies to VRX ( or could it... LOL)

https://www.arrow.com/en/research-and-events/articles/silicon-carbide-the-future-of-power< great read

That is really interesting 30 - 50% power loss reductions in fast charge Electric vehicles.... FMD!

Then this from August 2019

The global silicon carbide market is anticipated to reach USD 6.04 billion by 2025. Power semiconductor applications of the product in aerospace, automotive, energy, and electronics are estimated to significantly drive the market growth over the forecast period.

Silicon carbide has the ability to withstand extreme temperatures. As a result, it is used as a raw material in the production of furnaces, kilns, and reactors which cater to numerous industries such as steel, aluminum, cast iron and metal. The surging demand from metal industry is expected to drive the market for refractory materials, which in turn is expected to benefit the silicon carbide market.

Due to its lightweight & hardness, silicon carbide demand in military & defense is increasing at rapid pace, thus replacing beryllium to manufacture mirrors. The product offers high voltage switching devices for military & defense, thus contributing to augment the growth.

The electrical & electronics industry accounted for significant revenue share in 2018 and the share is expected to increase in 2025. SiC is used to embed the AC and DC high-voltage applications such as cable endings that may experience stress concentrations. Moreover, SiC power modules are significantly adopted in power correction factors, owing to larger critical electric field, wider band gap, and higher thermal conductivity of SiC power semiconductor devices.

Silicon carbide offers low energy losses, high power densities and enables higher efficiency & compact products for long term in-vivo applications ranging from bone implant to neurological implants and sensors. It is also used in polishing and deburring of medical tweezers. Its increasing use in abrasive tools for medical industry is expected to drive the demand from healthcare industry.

China is the largest producer & consumer of the product due to its large metal industry. The market witnesses presence of numerous players in China who export the product to rest of Asia, North America, and Europe.