Infineon and Wolfspeed expand and extend multi-year silicon carbide 150mm wafer supply agreement
Infineon and Wolfspeed expand and extendMulti-Year Silicon Carbide 150mm Wafer Supply Agreement
January 23, 2024, Munich, Germany, Durham, North Carolina, USA, and Shanghai, China – Infineon Technologies AG (FSE code: IFX / OTCQX code: IFNNY), a global semiconductor leader in power systems and the Internet of Things ) and Wolfspeed Corporation (NYSE: WOLF), a global leader in silicon carbide technology, today announced the expansion and extension of their existing long-term 150mm silicon carbide wafer supply agreement (the original agreement was signed in February 2018) . The extended cooperation will include a multi-year capacity reservation agreement. This will help ensure the stability of Infineon's entire supply chain while meeting the growing demand for silicon carbide semiconductors in automotive, solar, electric vehicle charging applications, energy storage systems and other fields.
Jochen Hanebeck, CEO of Infineon Technologies, said: “To meet the growing demand for silicon carbide devices, we are implementing a multi-supplier strategy to ensure high-quality, high-quality, high-quality silicon carbide wafers for 150mm and 200mm silicon carbide wafers globally. Long-term supply of high-quality supplies. Our extended cooperation with Wolfspeed will further enhance Infineon’s supply chain resilience in the coming years. We have cooperated with Wolfspeed for more than 20 years and are committed to advancing the application of silicon carbide in many markets such as automotive, industrial and energy. adoption and empower customers to promote decarbonization through this energy-efficient technology."
Adoption of silicon carbide-based power solutions is growing rapidly across numerous markets. Silicon carbide solutions enable the development of smaller, lighter, more cost-effective designs and more efficient energy conversion to unlock new clean energy applications. In order to better support these growing markets, Infineon will continue to diversify its supplier system to ensure the supply of high-quality silicon carbide substrates.
"Wolfspeed is a global leader in silicon carbide manufacturing," said Gregg Lowe, president and CEO of Wolfspeed. "We serve as a catalyst in the industry's transition to silicon carbide and provide services to companies like Infineon, a leader in the automotive and industrial markets. suppliers) to provide high-quality materials while continuing to expand our manufacturing footprint. Industry estimates predict that demand for silicon carbide devices and supporting materials will achieve significant growth until 2030, which represents 200 billion dollar opportunity. We are pleased to continue our collaboration with Infineon and serve as the primary silicon carbide wafer supplier for many years to come.”
Review Editor: Liu Qing
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