ON Semiconductor to invest over $600 million in fabs and power packaging

ON Semiconductor announced plans to invest over $600 million (over 10% of $5.5 billion revenue) in its fabs and power packaging facilities, including investments in the South Portland, Maine fab for SiC epi wafers, the Mountaintop, Pennsylvania fab for power MOSFETs, the Busan, Korea fab for IGBTs, and increasing ownership in a joint fab with Fujitsu in Japan. The company is also planning a move to 300mm wafers in the Asia-Pacific region within 2-3 years.

“With the significant uptick in the last 8 quarters we are into double digits investment in capex on both front and backend”eenewseurope.com

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• eenewseurope.comOn Semi to invest over $600m in fabs and power packaging ...Nick FlahertyAug 3, 2018

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