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2 clusters · 10 sources · 4 days · First seen · Last updated
onsemi semiconductor expansion cancellation in Czechia
Overview
Semiconductor manufacturer onsemi has announced the cancellation of a planned $2 billion expansion of its silicon carbide (SiC) production facility in Rožnov pod Radhoštěm, Czech Republic. The project, which was originally announced in June 2024, was intended to establish an end-to-end production chain for advanced power semiconductors.
Onsemi cited evolving global silicon carbide market conditions and project economics as the primary reasons for the decision. The company clarified that the cancellation does not reflect the investment environment in the Czech Republic, which remains a key part of its long-term manufacturing and growth strategy. Existing production operations in Rožnov and Brno will continue unaffected.
Czech Industry and Trade Minister Karel Havlíček noted that the decision reflects current semiconductor market conditions. While local officials expressed disappointment regarding the lost opportunity for the region, the company indicated it would continue investing in and hiring at its Czech locations to support the automotive, industrial, and AI data center sectors.
Entities
Onsemi · Karel Havlíček · Rožnov pod Radhoštěm · Roznov · Czech Republic
Timeline
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[BUSINESS] 3 sourcesOnsemi cancels $2 billion semiconductor expansion in Czech Republic
Onsemi has cancelled a planned $2 billion silicon carbide production expansion in Rožnov pod Radhoštěm, Czech Republic, citing shifting market conditions and project economics.
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[BUSINESS] 7 sourcesonsemi cancels $2 billion silicon carbide expansion in Czech Republic
onsemi has scrapped a $2 billion plan to expand its silicon carbide production in Rožnov, Czech Republic, citing shifts in the global semiconductor market.
Sources
compoundsemiconductor.net · drweb.de · e15.cz · hn.cz · it-boltwise.de · ithome.com · powerelectronicsworld.net · roznov.cz · tn.nova.cz · vipress.net