Silicon Power Group

Southern States, LLC has acquired Silicon Power Corporation (SPC), a designer and manufacturer of high-power semiconductor devices for utility and industrial power systems. SPC will be integrated into Southern States' Power Systems Solutions Division.

U.S.-based Silicon Power Group will invest 10 billion rupees ($121.73 million) to set up a facility in Odisha, India, to manufacture 150mm silicon carbide wafers. The investment will be made by its Indian unit RiR Power Electronics, with operations expected to start in 18 to 24 months.