BorgWarner to invest $500M in Wolfspeed, securing up to $650M in annual capacity for SiC devices
BorgWarner to invest $500M in Wolfspeed, securing up to $650M in annual capacity for SiC devices
Thursday, November 17, 2022
Wolfspeed and BorgWarner announced a strategic partnership that calls for BorgWarner to invest $500 million in Wolfspeed’s new $1.3-billion financing transaction in exchange for a silicon carbide device capacity corridor.
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