ON Semiconductor Acquires GT Advanced Technologies
Hande Automotive
Semi
ON Semiconductor
cash
increase
manufacture
car
Czech Republic
Roznov
Hudson
time
public
SiC
expand
Advance
car
2024-12-26 02:36
43
ON Semiconductor acquired SiC manufacturer GT Advanced Technologies for $415 million in cash to ensure and increase SiC supply capabilities. At the same time, ON Semiconductor built a new silicon carbide plant in Hudson, New Hampshire, and expanded its silicon carbide plant in Roznov, Czech Republic.
