Stmicroelectronics N.V. (STM) has released an update.
STMicroelectronics N.V. has broadened their partnership with SiCrystal, part of the ROHM group, by extending a multi-year deal for the supply of 150mm silicon carbide (SiC) substrate wafers, integral to powering automotive and industrial applications. The agreement, valued at a minimum of $230 million, ensures a larger volume of SiC wafers from SiCrystal’s German manufacturing operations, contributing to STMicroelectronics’ strategy of scaling up production capacity and securing a robust, diversified supply chain. Silicon carbide technology is key to advancing energy-efficient solutions, facilitating sustainable electrification across various sectors.
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