Summary
- onsemi has acquired the SiC JFET technology business from Qorvo for $115 million
- SiC JFET technology will complement onsemi’s EliteSiC power portfolio, particularly in EVs
- SiC JFETs help improve efficiency and safety in EVs by replacing components with a solid-state switch
- The acquisition strengthens onsemi’s leadership in power semiconductors
- The technology aims to solve power density and efficiency issues in data centers, automotive, and industrial markets
Article
Onsemi, a US-based power and sensing technology specialist, has recently acquired the silicon carbide junction field-effect transistor (SiC JFET) technology business from Qorvo for $115 million. This acquisition will enhance onsemi’s EliteSiC power portfolio. SiC JFETs play a crucial role in improving efficiency and safety in electric vehicles (EVs) by replacing multiple components with a solid-state switch in battery disconnect units. By acquiring this technology, onsemi aims to strengthen its leadership in power semiconductors and provide disruptive and market-leading technologies to solve power density and efficiency challenges in data centers, automotive, and industrial markets.
Simon Keeton, the Group President and General Manager of onsemi’s Power Solutions Group, expressed his excitement about the acquisition, stating that it further solidifies onsemi’s position as a leader in power semiconductors. He believes that this acquisition will enable onsemi to offer innovative solutions to its customers, addressing their most critical power density and efficiency issues in various sectors such as data centers, automotive, and industrial markets. By integrating SiC JFET technology into its existing portfolio, onsemi is well-positioned to meet the evolving demands of the market and provide enhanced power solutions to its customers.
The inclusion of SiC JFET technology in onsemi’s power portfolio signifies a strategic move to enhance its offerings and expand its capabilities in the power semiconductor industry. SiC JFETs are known for their ability to improve overall efficiency and safety in electric vehicles, making them a valuable component in the development of advanced power systems. By acquiring this technology from Qorvo, onsemi aims to stay ahead of the competition and provide cutting-edge solutions to its customers in the rapidly evolving technology landscape.
The $115 million acquisition of SiC JFET technology business from Qorvo represents a significant investment by onsemi to strengthen its position in the power semiconductor market. With this strategic move, onsemi is not only expanding its product offerings but also enhancing its technological capabilities to better serve its customers’ needs. By acquiring disruptive and market-leading technologies like SiC JFETs, onsemi is showcasing its commitment to innovation and providing efficient solutions to address the increasing demand for power density and efficiency improvements across various industries.
Onsemi’s acquisition of the SiC JFET technology business from Qorvo is poised to have a positive impact on the company’s growth trajectory in the power semiconductor sector. By integrating this technology into its power portfolio, onsemi can offer a more comprehensive range of solutions to its customers, particularly in the data center, automotive, and industrial markets. This acquisition demonstrates onsemi’s dedication to staying at the forefront of technological advancements and providing state-of-the-art power semiconductor solutions to meet the evolving needs of its customer base.
In conclusion, onsemi’s acquisition of the SiC JFET technology business from Qorvo for $115 million represents a strategic investment to enhance its power semiconductor offerings and strengthen its position in the market. By integrating SiC JFET technology into its EliteSiC power portfolio, onsemi is well-equipped to address the growing demand for efficient and reliable power solutions in various industries. This move not only signifies onsemi’s commitment to innovation but also underscores its determination to provide market-leading technologies to its customers. With this acquisition, onsemi is poised for continued growth and success in the dynamic and competitive power semiconductor industry.
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