# 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.

- Type: Contract
- Announced: 2021-08-17
- Value: $800.0M
- Status: completed
- Products: 150mm silicon carbide wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [STMicroelectronics](https://endata.com/companies/21952.md) (customer)
- [Cree](https://endata.com/companies/23782.md) (supplier)

## Sources

- [newsroom.st.com](https://newsroom.st.com/media-center/press-item.html/c3026.html), 2021-08-17: "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."
- [businesswire.com](https://www.businesswire.com/news/home/20210817005764/en/Cree-Wolfspeed-and-STMicroelectronics-Expand-Existing-150mm-Silicon-Carbide-Wafer-Supply-Agreement), 2021-08-17: "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."

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