Wafer bonding technology presents one way of fabricating power diode devices directly rather than in a semiconductor bulk. It provides an effective way with great potential for the power diode mass production. However, for practical applications of wafer bonding technique, it is important to determine the optimized process conditions to achieve good electrical performance. In the present study, Medium Vacuum Wafer Bonding (MVWB) technique is studied. Comparing with the other wafer bonding techniques, MVWB shows advantages in many areas. Through MVWB, good bonding quality and strength can be achieved under low temperature, leading to energy saving and electrical performance improvement. MVWB is performed successfully to fabricate PN + junction samples and characterization on the interface defects of the junction samples is carried out with the results presented in this work. Four main important process parameters, namely annealing temperature, annealing time, heating rate before the annealing and cooling rate at the end of annealing, are identified and investigated in the MVWB.