{"id":800894,"date":"2025-01-15T07:03:02","date_gmt":"2025-01-15T12:03:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/onsemi-completes-acquisition-of-qorvos-silicon-carbide-jfet-technology-portfolio\/"},"modified":"2025-01-15T07:03:02","modified_gmt":"2025-01-15T12:03:02","slug":"onsemi-completes-acquisition-of-qorvos-silicon-carbide-jfet-technology-portfolio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/onsemi-completes-acquisition-of-qorvos-silicon-carbide-jfet-technology-portfolio\/","title":{"rendered":"onsemi Completes Acquisition of Qorvo\u2019s Silicon Carbide JFET Technology Portfolio"},"content":{"rendered":"

<\/p>\n

onsemi Completes Acquisition of Qorvo\u2019s <\/b>Silicon Carbide JFET Technology Portfolio<\/b><\/p>\n

Addition further strengthens leadership in high and mid voltage power semiconductors <\/i>and expands market opportunity by $1.3B by 2030<\/i><\/p>\n

SCOTTSDALE, Ariz.–(BUSINESS WIRE<\/a>)–
\nonsemi (Nasdaq: ON) today announced that it has completed its acquisition of the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon Carbide subsidiary, from Qorvo for $115 million in cash.<\/p>\n

\nThe addition of SiC JFET technology will complement onsemi\u2019s extensive EliteSiC power portfolio and enable the company to address the need for high energy efficiency and power density in the AC-DC stage in power supply units for AI data centers. In electric vehicle applications, SiC JFETs help improve efficiency and safety by replacing multiple components with a solid-state switch based on SiC JFET in battery disconnect units. In the industrial end-market, SiC JFETs enable certain energy storage topologies and solid-state circuit breakers.<\/p>\n

\n\u201cThis acquisition further strengthens onsemi\u2019s leadership in power semiconductors by providing disruptive and market leading technologies to our customers to solve their most pressing power density and efficiency problems in AI data centers, automotive and industrial markets,\u201d said Simon Keeton, group president and general manager of the Power Solutions Group, onsemi. \u201cWe will continue to innovate and make investments to expand our technology leadership in providing the most comprehensive power system solutions.\u201d<\/p>\n

About onsemi<\/b><\/p>\n

onsemi<\/b> (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi<\/b> offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world\u2019s most complex challenges and leads the way to creating a safer, cleaner and smarter world. onsemi is recognized as a Fortune 500\u00ae<\/sup> company and included in the Nasdaq-100 Index\u00ae<\/sup> and S&P 500\u00ae<\/sup> index. Learn more about onsemi at www.onsemi.com<\/a>.<\/p>\n

onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.<\/i><\/p>\n

Caution Regarding Forward-Looking Statements:<\/b><\/p>\n

\nThis press release includes \u201cforward-looking statements,\u201d as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated in this press release could be deemed forward-looking statements, particularly statements about the impact of the announced acquisition of the SiC JFET technology division. Forward-looking statements are often characterized by the use of words such as \u201cbelieves,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cprojects,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cshould\u201d or similar expressions or by discussions of strategy, plans or intentions. All forward-looking statements in this document are made based on our current expectations, forecasts, estimates and assumptions and involve risks, uncertainties and other factors that could cause results or events to differ materially from those expressed in the forward-looking statements. Certain factors that could affect our future results or events are described under Part I, Item 1A \u201cRisk Factors\u201d in the 2023 Annual Report on Form 10-K filed with the Securities and Exchange Commission (\u201cSEC\u201d) on February 5, 2024 (the \u201c2023 Form 10-K\u201d) and from time to time in our other SEC reports. Readers are cautioned not to place undue reliance on forward-looking statements. We assume no obligation to update such information, which speaks only as of the date made, except as may be required by law. Investing in our securities involves a high degree of risk and uncertainty, and you should carefully consider the trends, risks and uncertainties described in this document, our 2023 Form 10-K and other reports filed with or furnished to the SEC before making any investment decision with respect to our securities. If any of these trends, risks or uncertainties actually occurs or continues, our business, financial condition or operating results could be materially adversely affected, the trading prices of our securities could decline, and you could lose all or part of your investment. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by this cautionary statement.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250113108062\/en\/<\/a><\/span><\/p>\n

Krystal Heaton
\n<\/b>
Director, Head of Public Relations
\n
onsemi
\n
(480) 242-6943
\n
Krystal.Heaton@onsemi.com<\/a><\/p>\n

Parag Agarwal
\n<\/b>
Vice President – Investor Relations & Corporate Development
\n
onsemi
\n
(602) 244-3437
\n
investor@onsemi.com<\/a><\/p>\n

KEYWORDS:<\/b> Arizona United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology EV\/Electric Vehicles Semiconductor Automotive Other Energy Energy Batteries Hardware Data Management Artificial Intelligence<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

onsemi Completes Acquisition of Qorvo\u2019s Silicon Carbide JFET Technology Portfolio Addition further strengthens leadership in high and mid voltage power semiconductors and expands market opportunity by $1.3B by 2030 SCOTTSDALE, Ariz.–(BUSINESS WIRE)– onsemi (Nasdaq: ON) today announced that it has completed its acquisition of the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon Carbide subsidiary, from Qorvo for $115 million in cash. The addition of SiC JFET technology will complement onsemi\u2019s extensive EliteSiC power portfolio and enable the company to address the need for high energy efficiency and power density in the AC-DC stage in power supply units for AI data centers. In electric vehicle applications, SiC JFETs help improve efficiency and safety by replacing … <\/p>\n

Continue reading “onsemi Completes Acquisition of Qorvo\u2019s Silicon Carbide JFET Technology Portfolio”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-800894","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nonsemi Completes Acquisition of Qorvo\u2019s Silicon Carbide JFET Technology Portfolio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/onsemi-completes-acquisition-of-qorvos-silicon-carbide-jfet-technology-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"onsemi Completes Acquisition of Qorvo\u2019s Silicon Carbide JFET Technology Portfolio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"onsemi Completes Acquisition of Qorvo\u2019s Silicon Carbide JFET Technology Portfolio Addition further strengthens leadership in high and mid voltage power semiconductors and expands market opportunity by $1.3B by 2030 SCOTTSDALE, Ariz.–(BUSINESS WIRE)– onsemi (Nasdaq: ON) today announced that it has completed its acquisition of the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon Carbide subsidiary, from Qorvo for $115 million in cash. 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