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ST to build €730m silicon carbide wafer factory in Catania, Italy

What happened

STMicroelectronics announced a €730 million investment to build an integrated silicon carbide (SiC) wafer manufacturing facility in Catania, Italy, with production starting in 2023. This move aims to secure substrate supply for the growing demand from automotive and industrial electrification. Bearish: This significant capacity expansion for a key bottleneck material (SiC substrates) increases long-term supply, potentially easing price pressures and reducing supply chain risk premiums for SiC devices.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

Silicon Carbide (SiC) WafersSiC MOSFETsSiC Diodes

STMicroelectronics

capacity-expansionelectrificationsubstrate

Source and time

Source: Semiconductor Today · 10/5/2022 · View original source

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ST to build €730m silicon carbide wafer factory in Catania, Italy

What happened

Impact and signal

Affected components and suppliers

Source and time

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