Cree and STMicroelectronics expand silicon carbide wafer supply agreement to over $800M

Cree (Wolfspeed) and STMicroelectronics expanded their existing multi-year supply agreement for 150mm silicon carbide bare and epitaxial wafers, now worth more than $800 million. Cree will supply ST over several years.

“The amended agreement, which calls for Cree to supply ST with 150mm silicon carbide bare and epitaxial wafers over the next several years, is now worth more than $800 million.”newsroom.st.com

• 2 sources
• newsroom.st.comCree | Wolfspeed and STMicroelectronics Expand 150mm Existing Silicon Carbide Wafer Supply Agreement - ST Newsaccenture_tmpAug 17, 2021
• businesswire.comCree | Wolfspeed and STMicroelectronics Expand Existing 150mm Silicon Carbide Wafer Supply AgreementCree, Wolfspeed ContactsAug 17, 2021

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