Onsemi has halted investments in a SiC (silicon carbide) power management chip (IC) plant in South Korea due to the slowdown in electric vehicle sales by local automakers, The Elec reports, adding most of Onsemi’s engineers have returned to the US, and only some research staff remain at the plant. 1/2 $ON Semiconductor(ON.US) #semiconductors
Source: Dan Nystedt
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.