Vitesco Technology and ON Semiconductor signed a long-term silicon carbide supply agreement to jointly invest in silicon carbide production expansion

Vitesco Technologies and ON Semiconductor recently announced a $1.9 billion 10-year supply agreement for silicon carbide products to enable Vitesco Technologies to advance in electrification technology. Vitesco Technologies, an international leading manufacturer of modern drive technology and electrification solutions, will provide ON Semiconductor with an investment of US$ 250 million to purchase new equipment for silicon carbide ingot growth, wafer production and epitaxy, so as to lock in carbonization in advance Silicon production capacity. These facilities will be used to produce SiC wafers to support Vitesco Technologies' growing SiC business needs. At the same time, as a leader in smart power and smart sensing technology, ON Semiconductor will continue to invest heavily in the end-to-end silicon carbide supply chain.

Hassane El-Khoury, President and CEO of ON Semiconductor, said: "This cooperation will help Vitesco Technology meet its customers' needs for longer range and higher performance in electric vehicles. ON Semiconductor provides excellent product performance and quality and supply Guaranteed, mass-manufactured SiC technology based on decades of experience in manufacturing power semiconductor products for numerous automotive applications."

Silicon carbide semiconductors are a key technology for electrification, enabling energy-efficient power electronics that shorten charging times and extend the range of electric vehicles. Especially at high voltage levels such as 800V, silicon carbide inverters can achieve higher energy efficiency than silicon devices. Since 800V is a prerequisite for fast and convenient high-voltage charging, silicon carbide devices are increasingly emerging worldwide.

Lansheng Technology Limited, which is a spot stock distributor of many well-known brands, we have price advantage of the first-hand spot channel, our main brands are STMicroelectronics, Toshiba, Microchip, Vishay, Marvell, ON Semiconductor, ect.

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