# Renesas and Wolfspeed sign 10-year silicon carbide wafer supply agreement

Renesas Electronics and Wolfspeed have signed a 10-year wafer supply agreement, with Renesas making a $2 billion deposit to secure a supply of silicon carbide bare and epitaxial wafers from Wolfspeed starting in 2025.

- Type: Contract
- Announced: 2023-07-05
- Value: $2.00B
- Status: announced
- Products: silicon carbide bare wafers, silicon carbide epitaxial wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Renesas Electronics Corporation](https://endata.com/companies/19562.md) (customer)
- [Wolfspeed](https://endata.com/companies/35100.md) (supplier)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230705651768/en/Renesas-and-Wolfspeed-Sign-10-Year-Silicon-Carbide-Wafer-Supply-Agreement), 2023-07-05: "The supply of high-quality silicon carbide wafers from Wolfspeed will pave the way for Renesas to scale production of silicon carbide power semiconductors starting in 2025."

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