Czech Republic To Host Vertically Integrated Silicon Carbide Site

Onsemi Announces $2 Billion Investment in Czech Republic for Advanced Power Semiconductor Manufacturing

Czech Republic to Host Vertically Integrated Silicon Carbide Site

Onsemi, a leading US semiconductor manufacturer, has announced a multi-year investment of up to $2 billion in the Czech Republic to establish a vertically integrated silicon carbide (SiC) manufacturing site. This investment is a strategic move by Onsemi to meet the growing demand for power semiconductors and solidify its supply chain.

Key Highlights:

• The investment will establish a state-of-the-art SiC manufacturing facility in the Czech Republic.
• The site will be vertically integrated, covering the entire SiC production process from raw material synthesis to device packaging.
• The investment is expected to create hundreds of new jobs in the region.
• The Czech government is providing incentives to support the project.
• Onsemi's investment aligns with the Czech Republic's strategy to attract high-tech investments.

Benefits of the Investment:

The investment in the Czech Republic is expected to bring several benefits to the region and the semiconductor industry:

• Advanced Packaging Capabilities: The new site will enable Onsemi to offer advanced packaging solutions for SiC devices, meeting the increasing demand for high-power and efficient semiconductor packaging.
• Solidifying Supply Chain: The vertically integrated facility will strengthen Onsemi's supply chain for advanced power semiconductors, ensuring a stable and reliable supply of these critical components.
• Job Creation: The project is expected to create hundreds of new jobs in the Czech Republic, contributing to the region's economic growth.
• Economic Development: The investment will stimulate economic development in the region by attracting suppliers, businesses, and skilled workers.
• Research and Development: Onsemi's strategic investment will facilitate collaboration with local universities and research institutions, fostering innovation and technological advancements.

Strategic Move for Onsemi:

Onsemi's investment in the Czech Republic is a strategic move to address the growing demand for power semiconductors. According to industry research, the global power semiconductor market is projected to reach $56.4 billion by 2026, driven by the increasing adoption of electric vehicles, renewable energy, and data centers.

Czech Republic's Commitment to High-Tech Investments:

The Czech government has welcomed Onsemi's investment as a significant step towards attracting high-tech investments and strengthening the country's position as a hub for semiconductor manufacturing. The government is providing incentives to support the project, recognizing its potential to create jobs, boost economic growth, and foster technological innovation.

Conclusion:

Onsemi's $2 billion investment in the Czech Republic is a major development for the semiconductor industry. The establishment of a vertically integrated SiC manufacturing site will enhance Onsemi's advanced packaging capabilities and solidify its supply chain for power semiconductors. This investment is also a testament to the Czech Republic's commitment to attracting high-tech investments and fostering economic development.