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Infineon signs new SiC material multi-year supply and cooperation deal with Resonac

What happened

Infineon has signed a new multi-year supply and cooperation agreement with Resonac for silicon carbide (SiC) materials, covering a double-digit share of its forecasted demand over the next decade. This deal deepens a partnership announced in 2021 and aims to secure a long-term, resilient supply of SiC wafers, a critical bottleneck material for power semiconductors. Watch: This locks in supply for a major SiC player, potentially tightening spot market availability for competitors and supporting long-term SiC wafer pricing.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

Silicon Carbide (SiC) Wafers
Infineon Technologies AGResonac Corp
long-term-agreementsupply-securitysic

Source and time

Source: Semiconductor Today · 1/12/2023 · View original source

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