onsemi will not go ahead with the planned expansion of its site in Rožnov pod Radhoštěm, which would have added end-to-end silicon carbide (SiC) production in the Czech…

onsemi will not go ahead with the planned expansion of its site in Rožnov pod Radhoštěm, which would have added end-to-end silicon carbide (SiC) production in the Czech Republic. The company and the Czech Ministry of Industry and Trade have agreed to conclude the project, which was announced in June 2024 as an investment of up to USD 2 billion.

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This is a source-linked briefing. Read the original report from Evertiq .