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Reported Wednesday, Onsemi To Invest $2B In Czech Republic For Advanced Silicon Carbide Semiconductor Production

Benzinga ·  Jun 20 16:26
  • onsemi's planned multi-year investment of up to $2 billion would solidify advanced power semiconductor supply chain for its European and global customer base
  • Vertically integrated silicon carbide site brings advanced packaging capabilities to the region and best positions onsemi to meet rising demand for clean, energy efficient semiconductor solutions
  • onsemi is cooperating with the government of the Czech Republic to prepare an incentive package that would support the investment
  • The investment would be one of the largest private sector investments in the Czech Republic's history and one of the first investments in advanced semiconductor manufacturing in Central Europe
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