$1bn silicon carbide boost at Cree: Page 2 of 2

May 07, 2019 //By Nick Flaherty
$1bn silicon carbide boost at Cree
Cree is to spend up to $1 billion expanding its silicon carbide capacity with a state-of-the-art, automated 200mm fabrication plant and a materials mega factory at its US headquarters in Durham, North Carolina.

“These silicon carbide manufacturing mega-hubs will accelerate the innovation of today’s fastest growing markets by producing solutions that help extend the range and reduce the charge times for electric vehicles, as well as support the rollout of 5G networks around the world,” said Lowe. “We believe that this represents the largest capital investment in the history of silicon carbide and GaN technologies and production with a fiscally responsible approach. By using existing facilities and installing a majority of refurbished tools, we believe we will be able to deliver a state-of-the-art 200 mm capable fab at approximately one-third of the cost of a new fab.”

www.cree.com

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