Vishay is to buy Newport Wafer Fab after years of wrangling over whether it could be owned by Nexperia which is owned y the Chinese company Wingtech.
Vishay paid $177 million cash for the company. Nexperia bought it in 2021 for $63 million. Vishay will set up a SiC line to make Trench MOSFETs and diodes.
“Adding Newport Wafer Fab to our manufacturing footprint will be instrumental to achieving our goal of expanding capacity for our customers and to accelerating our SiC strategy,” says Vishay CEO Joel Smejkal, “Vishay will immediately bring stability and its reliable cash flow generation to ensure the facility becomes a fully operational and profitable fab.”
“Of all options, this agreement with Vishay is the most viable one to secure the future of the site, as Vishay – like Nexperia – has a solid customer base for the fab’s capabilities,” said Nexperia’s UK country manager Toni Versluijs.
Stay up to date with the latest in industry offers by subscribing us. Our newsletter is your key to receiving expert tips.
Samsung is reportedly evaluating a potential European semiconductor expansion alongside its South Korea and US manufacturing base, as the region tightens local production requirements and Germany seek
Given frequent price increases across precious metals, wafer foundry services, and packaging and testing, Infineon's announcement of price increases is very telling for the market. The company wil
Nvidia has recently signaled to Samsung Electronics that it hopes to secure early deliveries of sixth-generation high-bandwidth memory, known as HBM4. At the same time, as memory makers devote an incr
