Renesas and Wolfspeed sign $2B silicon carbide wafer supply agreement

Renesas Electronics and Wolfspeed entered into a 10-year supply agreement for silicon carbide bare and epitaxial wafers. Renesas provided a $2 billion deposit as part of the deal.

“Kirkland & Ellis advised semiconductor supplier Renesas Electronics Corp. on a supply agreement with chipmaker Wolfspeed Inc.”kirkland.com

• 1 source
• kirkland.comKirkland Represents Renesas on $2B Supply Agreement with Wolfspeed | News | Kirkland & Ellis LLPJul 7, 2023

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