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- Infineon Technologies AG (OTCQX:IFNNY) and Wolfspeed (NYSE:WOLF) Tuesday announced the expansion and extension of their existing long-term 150mm silicon carbide wafer supply agreement, originally signed in February 2018.
- The extended partnership includes a multi-year capacity reservation agreement.
- “As the demand for silicon carbide devices continues to increase, we are following a multi-source strategy to secure access to a high-quality, global and long-term supply base of 150mm and 200mm SiC wafers," said Jochen Hanebeck, CEO of Infineon Technologies.
- The partnership with Wolfspeed further strengthens Infineon’s supply chain resilience for the coming years, Hanebeck added.
- Source: Press Release
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