2019-08-07

Cree to Provide Its Silicon Carbide Wafers to ON Semiconductor based on Multi-Year Supply Agreement

Cree and ON Semiconductor announced the execution of a multi-year agreement where Cree will produce and supply its Wolfspeed silicon carbide wafers to ON Semiconductor. The agreement, valued at more than $85 million, provides for the supply of Cree’s advanced 150mm silicon carbide (SiC) bare and epitaxial wafers to ON Semiconductor for use in high-growth markets, such as electric vehicle and industrial applications. “ON Semiconductor continues to be a leader in driving the development of energy efficient innovations and devices,” said ON Semico...
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