Press release
onsemi Selects the Czech Republic to Establish End-to-End Silicon Carbide Production for Advanced Power Semiconductors
Brownfield investment would bring critical manufacturing capabilities of energy efficient chips to Central Europe to power the future of electrification,
About this update from On Semiconductor Corporation
[{"type":"text","content":"\nBrownfield investment would bring critical manufacturing capabilities of energy efficient chips to Central Europe to power the future of electrification, renewables and AI\n\n\nNEWS HIGHLIGHTS\n\n\n\nonsemi’s planned multi-year investment of up to $2 billion would solidify advanced power semiconductor supply chain for its European and global customer base\n\n\n\nVertically integrated silicon carbide site brings advanced packaging capabilities to the region and best positions onsemi to meet rising demand for clean, energy efficient semiconductor solutions\n\n\n\nonsemi is cooperating with the government of the Czech Republic to prepare an incentive package that would support the investment\n\n\n\nThe investment would be one of the largest private sector investments in the Czech Republic’s history and one of the first investments in advanced semiconductor manufacturing in Central Europe\n\n\n\n SCOTTSDALE, Ariz.--(BUSINESS WIRE)--\nElectrification, renewables and artificial intelligence are global megatrends converging and driving unprecedented demands for advanced power semiconductors capable of optimizing energy conversion and management. In a strategic move toward addressing these demands, onsemi announced plans to establish a state-of-the-art, vertically integrated silicon carbide (SiC) manufacturing facility in the Czech Republic. The site would produce the company’s intelligent power semiconductors that are essential for improving the energy efficiency of applications in electric vehicles, renewable energy and AI data centers.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240619849155/en/onsemi facility in Rožnov pod Radhoštěm in the Czech Republic (Graphic: Business Wire)\n\"Our brownfield investment would establish a Central European supply chain to better service our customers’ rapidly increasing demand for innovative technologies that improve the energy efficiency in their applications,” said Hassane El-Khoury, president and CEO, onsemi. “Through a close collaboration with the Czech government, the expansion would also enhance our production of intelligent power semiconductors that are essential to helping ensure the European Union is able to achieve its ambitions to significantly reduce carbon emissions and environmental impact.”\n\n\n“onsemi’s decision...