# Cree wins $85M multi-year deal to supply SiC wafers to ON Semiconductor

Cree signed a multi-year agreement worth over $85 million to supply its Wolfspeed 150mm silicon carbide wafers to ON Semiconductor for electric vehicle and industrial applications.

- Type: Contract
- Announced: 2019-08-06
- Where: Durham, North Carolina, United States
- Value: $85.0M
- Status: announced
- Products: silicon carbide wafers, epitaxial wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Cree](https://endata.com/companies/23782.md)
- [ON Semiconductor](https://endata.com/companies/15226.md) (customer)
- [Cree](https://endata.com/companies/23782.md) (supplier)

## Sources

- [wolfspeed.com](https://www.wolfspeed.com/company/news-events/news/cree-and-on-semiconductor-announce-multi-year-silicon-carbide-wafer-supply-agreement/), 2019-08-06: "The agreement, valued at more than $85 million, provides for the supply of Cree’s advanced 150mm silicon carbide (SiC) bare and epitaxial wafers to ON Semiconductor."
- [semiconductor-today.com](https://semiconductor-today.com/news_items/2019/aug/cree-060819.shtml), 2019-08-06: "This is the fourth major long-term agreement for silicon carbide materials that we have announced in the past year and a half."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.