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ROHM and Vitesco form $1bn SiC power semiconductor supply partnership for 2024–2030

What happened

ROHM Semiconductor has secured a long-term supply agreement worth over $1 billion to provide silicon carbide (SiC) power semiconductors to Vitesco Technologies from 2024 to 2030. This deal formalizes a development partnership since 2020 focused on SiC chips for automotive inverters. Bullish: This massive, multi-year contract locks in significant demand for ROHM's SiC products, reducing available spot market supply and signaling strong, sustained demand in the automotive electrification sector.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

SiC Power Semiconductors
ROHM SemiconductorVitesco Technologies
long-term-agreementautomotiveelectrificationdemand-lockup

Source and time

Source: Semiconductor Today · 6/19/2023 · View original source

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