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Stock impact report

onsemi Selects the Czech Republic to Establish End-to-End Silicon Carbide Production for Advanced Power Semiconductors

ON Semiconductor Corporation (ON) 
Last on semiconductor corporation earnings: 2/3 06:00 am Check Earnings Report
Company Research Source: Business Wire
Brownfield investment would bring critical manufacturing capabilities of energy efficient chips to Central Europe to power the future of electrification, renewables and AINEWS HIGHLIGHTSonsemi’s planned multi-year investment of up to $2 billion would solidify advanced power semiconductor supply chain for its European and global customer baseVertically integrated silicon carbide site brings advanced packaging capabilities to the region and best positions onsemi to meet rising demand for clean, energy efficient semiconductor solutionsonsemi is cooperating with the government of the Czech Republic to prepare an incentive package that would support the investmentThe 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 SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Electrification, renewables and artificial intelligence are global megatrends converging and driving Show less Read more
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