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onsemi expands silicon carbide production facility in New Hampshire
What happened
onsemi has expanded its silicon carbide (SiC) production facility in Hudson, New Hampshire, increasing its capacity for SiC wafers and devices. This move is part of the company's strategy to meet growing demand for SiC solutions in electric vehicles and industrial applications. Bearish: The expansion increases future SiC supply, potentially easing long-term pricing pressure and alleviating supply constraints in the power semiconductor market.
Impact and signal
Medium impactImpact score: 60/100
Affected components and suppliers
Silicon Carbide (SiC) MOSFETsSilicon Carbide (SiC) Wafers
capacity-expansionSiCpower-semiconductors
Source and time
Source: Semiconductor Today · 8/12/2022 · View original source
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