Report
Stephane Houri

STMicroelectronics N.V. : Announcement of a partnership with Cree in silicon carbide and feedback from CES

>Supply agreement on silicon carbide with Cree for $ 250m - STMicroelectronics and Cree (US supplier of high-powered and RF semiconductors, LED lighting diodes and lighting products) yesterday announced the signature of a multi-year agreement on the production and supply of Wolfspeed silicon carbide wafers by Cree to STM. As part of this agreement, Cree is to supply STM wafers both with and without epitaxy, using 150mm technology for an amount of $ 250m. The duration ...
Underlying
STMicroelectronics NV

STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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