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Bidders line up for Belgian chip production site

Bidders line up for Belgian chip production site

Business news |
By Peter Clarke



Three candidates have come forward with offers to buy the Oudenaarde production site of BelGaN, according to Belgian newspaper De Tijd referencing the bankruptcy administrators.

Two of the bidders are Asian and one is from Europe, the report states. One of the bidders is reported to be Chinese-owned Silex Microsystems AB (Järfälla, Sweden), the world’s largest pure-play foundry for MEMS components.

OnSemi announced the sale of its wafer fab in Oudenaarde, Belgium to a BelGaN Group BV (Mechelen, Belgium) for conversion to gallium nitride production in 2022. The company had Chinese venture capital connections but was unable to attract sufficient money to fund a transition to GaN production. It filed for bankruptcy in August 2024 and an auction in January 2025 raised more than €23 million from the sale of chipmaking equipment.

Related links and articles:

www.belgan.com

News articles:

Chinese buyers swoop on BelGaN equipment assets

BelGan sees bids for Belgian power fab

China’s Silex announces fab to make MEMS on 300mm wafers

Onsemi’s Belgian GaN spinout bankrupt

Belgian wafer fab sold to GaN startup with China connections

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