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Magna International entered a 10-year agreement with Onsemi for silicon carbide microchips to be used in its e-Drive systems, and committed $40 million for new silicon carbide equipment at Onsemi facilities in New Hampshire and the Czech Republic.
“We believe that a secure supply of silicon carbide chips will be critical to our ability to continue delivering innovative and efficient eDrive systems for our customers.”autonews.com
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