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onsemi to supply EliteSiC MOSFET technology to Magna for EV traction inverters

What happened

onsemi has secured a long-term supply agreement (LTSA) to provide its EliteSiC MOSFET technology to Magna for use in electric vehicle traction inverters. This deal locks in future demand for onsemi's SiC products from a major automotive supplier. Neutral: This is a confirmed demand win but does not indicate a change in the broader supply-demand balance or pricing for SiC components.

Impact and signal

Low impactImpact score: 25/100

Affected components and suppliers

SiC MOSFETPower Semiconductors

onsemi

long-term-agreementautomotiveev

Source and time

Source: Semiconductor Today · 7/27/2023 · View original source

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onsemi to supply EliteSiC MOSFET technology to Magna for EV traction inverters

What happened

Impact and signal

Affected components and suppliers

Source and time

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