Cree announced that it has extended its existing agreement with STMicroelectronics for silicon carbide supply with double value of the original agreement. In January 2019, Cree and STMicroelectronics revealed their long term partnership that Cree will provide its Wolfspeed silicon carbide wafers valued US$250 million to STMicroelectronics. The two companies now reported expansion and extension of the agreement to more than US$500 million. The increased wafer supply enables the semiconductor leaders to address the rapidly growing demand for silicon carbide power devi...

Cree announces that it signed a multi-year agreement to produce and supply its Wolfspeed® silicon carbide (SiC) wafers to STMicroelectronics. Based on the agreement, Cree will supply its 150mm silicon carbide bare and epitaxial wafers which valued US$ 250 million to STMicroelectronics. “ST is the only semiconductor company with automotive-grade silicon carbide in mass production today, and we want to press forward to grow our SiC business both in terms of volume and breadth of applications served, targeting leadership in a market estimated at more than US$3...

Cree announces that it signed a strategic long-term agreement to produce and supply its Wolfspeed silicon carbide (SiC) wafers to Infineon Technologies AG