BorgWarner to invest USD500 million in SiC technology company, Wolfspeed

Strategic Partnerships

Wolfspeed leads the market in the worldwide adoption of SiC and GaN technologies

Wolfspeed, a global player in Silicon Carbide technology, and BorgWarner Inc., a global player in mobility solutions for the vehicle market, announced a strategic partnership that calls for BorgWarner to invest USD500 million in Wolfspeed’s financing transaction, in exchange for a silicon carbide device capacity corridor, according to a press release dated 16 November. 

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