onsemi completes acquisition of GT Advanced Technologies

Update: November 3, 2021

onsemi completes acquisition of GT Advanced Technologies

onsemi completes acquisition of GT Advanced Technologies

onsemi has completed its acquisition of GT Advanced Technologies (GTAT), a producer of silicon carbide (SiC) in a move that enhances onsemi’s ability to secure and grow the supply of SiC.

onsemi’s customers will benefit from GTAT’s experience in crystalline growth as well as its technical capabilities and expertise in the development of wafering-ready SiC.

SiC is a key component of next-generation semiconductors that provide technical benefits and improves the system efficiency of many applications, including electric vehicles (EVs), EV charging and energy infrastructure.

onsemi has said that it intends to scale and accelerate GTAT’s development of SiC to assure the supply of critical components and further commercialise intelligent power technologies.

“We are thrilled to have completed this acquisition, which enables us to boost SiC supply as we carry out our mission of building a sustainable future,” said Hassane El-Khoury, president and chief executive officer of onsemi. “As we move to a carbon free economy, SiC technology is a key driver to enable zero emissions in high efficiency electric vehicles, renewable energy and charging infrastructure. By integrating GTAT, onsemi can now provide end-to-end power solutions from SiC crystal growth to fully integrated intelligent power modules.”

The acquisition reinforces onsemi’s stated commitment to make substantial investments in disruptive, high-growth technologies to drive differentiation and leadership, including in the SiC ecosystem.

onsemi plans to invest in expanding GTAT’s manufacturing facilities, supporting research and development efforts to advance 150mm and 200mm SiC crystal growth technology, while also investing in the broader SiC supply chain, including Fab capacity and packaging.