Cree announces that it signed a multi-year agreement to produce and supply its Wolfspeed silicon carbide (SiC) wafers to STMicroelectronics...
The STM8L001 ultra-low-power microcontroller from STMicroelectronics targets cost-conscious applications, by combining S...
ST will acquire 55% of Norstel's share capital, with an option to acquire the remaining 45% subject to certain conditions, which, if exercised, will result in total consideration of $137.5 million, funded with available cash.
"ST is the only semiconductor company with automotive-grade silicon carbide in mass production today. We want to build on our strong momentum in SiC, both in volume and breadth of applications for industrial and automotive, targeting continued leadership in a market estimated at more than $3 billion in 2025," said Jean-Marc Chery, President and CEO of STMicroelectronics.
"The acquisition of a majority stake in Norstel is another step forward strengthening our silicon carbide ecosystem: it will boost our flexibility, improve yield and quality, and support our long-term silicon carbide roadmap and business."
Norstel, headquartered in Norrkoping, Sweden, was founded in 2005 as a spinoff of Linköping University. It develops and manufactures advanced 150mm silicon carbide bare and epitaxial wafers.
CTIMES loves to interact with the global technology related companies and individuals, you can deliver your products information or share industrial intelligence. Please email us to firstname.lastname@example.org
- 1Chunghwa Telecom MOD Partners with Netflix to Accelerate Growth of Taiwanese Entertainment
- 2Phytrex Exclusively Owned the Technologies of Systems Integration and Apple Homekit System
- 3NARLabs Taiwan Semiconductor Research Institute Officially Open
- 4Revenue Growth in China's Semiconductor Industry Would Slow Down to 16.2% in 2019 due to Pessimistic
- 5Offshore Wind Power Purchasing Rates Set this Week