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Nov 7, 1:42 AM
ON Semiconductor canceled its planned
$2 billion multi-year expansion in the Czech Republic, reaching an agreement with local authorities to abandon a new silicon carbide (SiC) manufacturing facility in Rožnov pod Radhoštěm due to changing market conditions and project economics. The project, announced in June 2024, was intended to create an integrated production operation covering the entire process, from crystal growth to finished power semiconductors.
Existing silicon and SiC operations in Rožnov will continue at full capacity and remain integrated into ON's global manufacturing network. The company emphasized that the cancellation does not reflect regional operating conditions and confirmed it will continue hiring and investing in both its Rožnov plant and Brno development center.
These facilities will continue supporting customer demand across automotive, industrial and AI data-center applications.
$ON
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