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© Wolfspeed - for illustrative purposes only
Business |

Wolfspeed is looking at Germany with interest

The SiC specialist is reportedly planning a multi-billion dollar semiconductor factory in Germany.

According to a Saturday article in Handelsblatt, US semiconductor manufacturer Wolfspeed is planning to invest more than EUR 2 billion to construct a manufacturing facility in Germany.

According to unnamed sources familiar with the plans, German auto supplier ZF will own a minority stake in the venture. The report continues to state that the US company is targeting to start production at the site – which would be located in state of Saarland – in four years.

When contacted by Reuters the economy ministry of Saarland declined to comment. 


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April 15 2024 11:45 am V22.4.27-2
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