ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement
STMicroelectronics N.V. (STM)
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Source: GlobeNewswire
ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement Kyoto, Japan and Geneva, Switzerland, April 22, 2024 – ROHM (TSE: 6963) and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced today the expansion of the existing multi-year, long-term 150mm silicon carbide (SiC) substrate wafers supply agreement with SiCrystal, a ROHM group company. The new multi-year agreement governs the supply of larger volumes of SiC substrate wafers manufactured in Nuremberg, Germany, for a minimum expected value of $230 million. Geoff West, EVP and Chief Procurement Officer, STMicroelectronics, commented “This expanded agreement with SiCrystal will bring additional volumes of 150mm SiC substrate wafers to support our devices manufacturing capacity ramp-up for automotive and industrial customers worldwide. It helps strengthen our supply chain resilience for future growth, wi
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- STMicroelectronics Announces Status of Common Share Repurchase ProgramGlobeNewswire
- STMicroelectronics (NYSE: STM) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
STM
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- 4/25/24 - Miss
STM
Sec Filings
- 4/29/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/22/24 - Form 6-K
- STM's page on the SEC website