Onsemi invests USD 450mn in semi-conductor foundry in Czechia

Reading Time: 2 minutes

Onsemi inaugurated the expansion of its silicon carbide (SiC) semiconductor fabrication plant in Roznov, east Czechia, on Wednesday.

The USD 450mn investment will create 200 jobs and increase onsite SiC production capabilities 16-fold over the next two years.

The Arizona-based semiconductor supplier makes SiC power devices for electric vehicles and renewable energy applications, which are essential to European auto supply chains.

Onsemi, which said it had revamped an existing building to meet soaring global demand, has invested more than USD 150mn in the expansion at Roznov to date. The company plans to spend double that amount throughout 2023, taking the over outlay to USD 450mn. 

With the expansion, the intelligent power and sensing technologies company adds capacity to produce SiC polished wafers and SiC epitaxy wafers.

Company executive Simon Keeton said “these increased SiC manufacturing capabilities enable onsemi to provide (for) customers the critical supply assurance to meet the rapidly growing demand for SiC-based solutions.”

Keeton added that “full control over our SiC manufacturing supply chain and the market-leading efficiency of our products underscore onsemi’s progress toward SiC leadership.”

Czech Ministry of Industry and Trade Section Head Zbynek Pokorny, Regional Governor Radim Holis, and Roznov Mayor Jiri Pavlica also attended the inauguration. 

Despite facing a period of industry supply-chain bottlenecks, the USD 31bn company’s share value doubled in the last year and grew by one-third in the last six months.

In August onsemi President-CEO Hassane El-Khoury said “our leadership in the accelerating mega-trends of vehicle electrification, ADAS (advanced driver-assistance system), energy infrastructure and factory automation have enabled us to extend long-term supply agreements and increase demand visibility.”

Onsemi’s other unit in Czechia is located in Brno. Elsewhere in Central and Eastern Europe, it has facilities in Bratislava and Piestany in Slovakia, and Bucharest, Romania. The US-based firm’s market peers in Europe include Bosch, Infineon, STMicroelectronics and Coherent.

CET Editor

Recent Posts

Hungary, Slovakia resist EU’s energy, budget reforms amid growing east-west schism

Hungary and Slovakia have emerged as the most vocal opponents of two of the EU’s…

7 months ago

Hungary proposes law to blacklist foreign-funded NGOs, media

Hungarian Prime Minister Viktor Orban's ruling Fidesz party submitted on Tuesday, 13 May a bill…

7 months ago

Centrist takes first round of Poland’s presidential election, to face nationalist in runoff vote

Centrist Warsaw Mayor Rafal Trzaskowski narrowly won in the first round of Poland’s presidential election,…

7 months ago

Dan wins Romanian presidency, calming EU fears over ultranationalist Simion

Independent pro-EU candidate Nicusor Dan won Romania’s presidential election on Sunday, 18 May, defeating far-right…

7 months ago

China’s BYD makes Budapest regional HQ

Chinese electric vehicle (EV) manufacturer BYD on 15 May signed an agreement with the Hungarian…

7 months ago

Regardless of election result, Simion’s appeal to ‘left behind’ has reshaped Romanian politics – CET analysis

First they laughed off George Simion as a fringe agitator. Now, with a commanding first-round…

7 months ago