CREE to Supply Silicon Carbide Wafers to Infineon

CREE has signed a strategic long-term agreement to produce and supply its Wolfspeed silicon carbide (SiC) wafers to Infineon Technologies. The agreement governs Cree’s supply of advanced 150 mm SiC wafers to Infineon, which will broaden Infineon’s product offering to address today’s high-growth markets, such as photovoltaic inverters and electro mobility.

Wolfspeed, A Cree Company, is the global leader in the manufacture of silicon carbide wafers and epitaxial wafers. The supply agreement, valued at well over $100 million, enables SiC applications in broad markets such as photovoltaic, electro mobility, robotics, charging infrastructure, industrial power supplies, traction and variable speed drives.