# GTAT signs five-year SiC supply agreement with ON Semiconductor

GT Advanced Technologies (GTAT) and ON Semiconductor announced a five-year agreement with a potential value of $50 million. GTAT will produce and supply CrystX silicon carbide (SiC) materials to ON Semiconductor for high-growth markets.

- Type: Contract
- Announced: 2024-01-15
- Value: $50.0M
- Status: announced
- Products: CrystX silicon carbide (SiC) materials, 150mm SiC crystals
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [ON Semiconductor](https://endata.com/companies/15226.md) (customer)
- [GT Advanced Technologies](https://endata.com/companies/41134.md) (supplier)

## Sources

- [haythink.com](https://www.haythink.com/sapphire-and-silicon-carbide-supplier-gtat-signs-an-agreement-with-on-semiconductor-to-supply-crystx-silicon-carbide-sic-materials/), 2024-01-15: "Today's agreement will help address the grim trend of SiC as the preferred semiconductor substrate material in power electronics applications."

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