Cree to invest $1B in silicon carbide capacity expansion in Durham, N.C.

Cree Inc. will invest up to $1 billion to expand its silicon carbide capacity in Durham, N.C., including an automotive-qualified 200mm silicon carbide fabrication plant and a materials mega-factory. Construction is expected to begin in 2019 with completion in 2024.

“Cree will invest up to $1 billion in the expansion of its silicon carbide capacity with the development of a state-of-the-art, automated 200 mm silicon carbide fabrication facility and a materials mega factory at its U.S. campus headquarters in Durham, N.C.”everythingrf.com

• 3 sources
• everythingrf.comCree to Invest $1 Billion to Expand its Silicon Carbide CapacityEditorial TeamMay 8, 2019
• enr.comSemiconductor Manufacturer Announces $1B Expansion of N.C. Facility | 2019-05-10 | Engineering News-RecordThomas F. ArmisteadMay 10, 2019
• pt.cision.comCree Invests $1 Billion in Expanding SiC Semiconductor Fab Capacity, Develops MOSFET PortfoliotiaxuliaMay 14, 2019

Summarized from public sources; check the original articles before acting on it.