Infineon Technologies has extended its deal with Wolfspeed for the supply of 150mm silicon carbide wafers.
The deal between Infineon and Wolfspeed (then Cree) was originally signed in February 2018 for 150mm SiC wafers. This deal now includes a multi-year capacity reservation agreement to boost Infineon’s general supply chain stability.
This will ensure wafer supply for the growing demand for SiC devices for automotive, solar and EV applications and energy storage systems and is one of several SiC wafer supply deals for Infineon.
“As the demand for silicon carbide devices continues to increase, we are following a multi-source strategy to secure access to a high-quality, global and long-term supply base of 150mm and 200mm SiC wafers. Our prolonged partnership with Wolfspeed further strengthens Infineon’s supply chain resilience for the coming years,” said Jochen Hanebeck, CEO of Infineon Technologies.
“We have been working with Wolfspeed for more than 20 years to bring the promise of silicon carbide to the automotive, industrial and energy markets, and to help customers leverage this energy-efficient technology to foster decarbonization.”
- Results highlight costs of building huge SiC fab
- €35m green electronics project
- Infineon takes on Wolfspeed for world’s largest SiC fab
- Renesas to scale SiC production with $2bn deal
Wolfspeed is building the world’s largest SiC wafer production plant in Durham, North Carolina, and is also competing with Infineon with a 200mm SiC fab in Mowhak Valley, New York. The plant in Durham is also set to supply Renesas Electronics, which will also compete with Infineon.
“Wolfspeed is the world’s leader in silicon carbide production. We are the catalyst in the industry transition to silicon carbide, providing high-quality materials to key customers like Infineon, a leading supplier in both the automotive and industrial markets, while also scaling our capacity footprint,” said Wolfspeed president and CEO Gregg Lowe.
“Industry estimates indicate demand for silicon carbide devices, as well as the supporting material, will grow substantially through 2030, representing a $20 billion annual opportunity. We are very pleased to continue our partnership with Infineon and to serve as a major supplier of silicon carbide wafers in the years ahead.”