Onsemi buys SiC company for more wafer capacity

Onsemi is to buy silicon carbide producer GT Advanced Technologies for $415m in cash. “This transaction reflects our confidence and stated commitment to meaningfully invest in silicon carbide solutions to support the creation of intelligent power and sensing technologies to help build a sustainable future,” said Onsemi CEO Hassane El-Khoury. “GTAT brings outstanding technical capabilities ...

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