Infineon Technologies and Cree agreed on a strategic long-term supply agreement for the provision of silicon carbide (SiC) wafers, enabling Infineon to broaden its offering of SiC products to address today’s high-growth markets such as photovoltaic inverters and electro-mobility. Since Infineon has already converted all its SiC manufacturing lines to the most advanced 150 millimeter SiC wafers, the agreement with Cree covers only this wafer diameter.
“We have known Cree for a long time as a strong and reliable partner with an excellent industry reputation,” said Reinhard Ploss, CEO of Infineon. “Based on the secured long-term supply of SiC wafers, we strengthen our strategic growth areas in automotive and industrial power control. As a consequence we will create additional value for our customers.”
“Infineon is a longstanding, valuable commercial partner with an excellent reputation,” said Gregg Lowe, CEO of Cree. “This agreement validates the quality of Cree’s SiC wafer technology and our capacity expansion, as well as the accelerated adoption of SiC-based solutions that are critical to enabling faster, smaller, lighter and more powerful electronic systems.”
For more information visit www.infineon.com.