SiC devices and support materials expected to create $20 billion in opportunities by 2030
Infineon's Supply Chain Stability Expected to Contribute Amid Increasing Demand for SiC Semiconductors

Infineon Technologies AG ("Infineon") and Wolfspeed, Inc. have joined hands to address the demand for SiC devices and supporting materials, which is expected to create a $20 billion opportunity by 2030.

Infineon and Wolfspeed announced today the expansion and extension of their long-term 150mm SiC wafer supply agreement signed in February 2018.

This is expected to contribute to Infineon's supply chain stability amid growing demand for SiC semiconductors driven by automotive, solar, EV applications and energy storage systems.

“We have been working with Wolfspeed for more than 20 years to demonstrate the potential of SiC to the automotive, industrial and energy markets and to help our customers drive decarbonization with our energy-efficient SiC technology,” said Jochen Hanebeck, CEO of Infineon. “This partnership will further strengthen Infineon’s supply chain resilience.”

SiC solutions enable smaller, lighter, more cost-effective designs and convert energy more efficiently, enabling new clean energy applications.

The adoption of SiC-based power solutions is rapidly growing across a variety of markets. Infineon follows a multi-source strategy to secure a stable global long-term supply base of 150 mm and 200 mm SiC wafers.

“Wolfspeed is a global leader in SiC production,” said Gregg Lowe, Wolfspeed CEO. “We are pleased to continue our partnership with Infineon and become a key supplier of silicon carbide wafers.”