Onsemi cancels $2B chip facility expansion in Czech Republic

ON Semiconductor Corporation (Onsemi) and the Czech Ministry of Industry and Trade have mutually agreed to cancel a planned $2 billion expansion of a silicon carbide manufacturing hub in Rožnov pod Radhoštěm, Czech Republic.

“The decision marks an abrupt reversal of a major commitment first unveiled in June 2024 to build an integrated manufacturing hub in Rožnov pod Radhoštěm.”au.investing.com

• 3 sources
• au.investing.comOnsemi and Czech ministry cancel $2 billion chip facility expansion By Investing.comLuke JuricicNov 6, 2026
• ph.investing.comOnsemi and Czech ministry cancel $2 billion chip facility expansion By Investing.comLuke JuricicNov 6, 2026
• za.investing.comOnsemi and Czech ministry cancel $2 billion chip facility expansion By Investing.comLuke JuricicNov 6, 2026

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