According to ijiwei, citing the Economic Times, Japanese chipmaker Renesas Electronics says its situation with Wolfspeed does not affect its OSAT joint venture with CG Power in India. Renesas also clarifies that it has no plans to produce SiC devices under the OSAT collaboration, the report highligh...

According to a report from MoneyDJ, citing Nikkei, slowing growth in the electric vehicle (EV) market—coupled with a supply glut driven by increased production from Chinese manufacturers—has led to falling prices and reportedly prompted Japanese semiconductor giant Renesas Electronics to abandon...

As US-based silicon carbide (SiC) giant Wolfspeed reportedly teeters on the brink of bankruptcy amid fierce competition from fast-rising Chinese rivals, China’s largest silicon carbide wafer plant has officially launched production in Wuhan, aiming to supply 30% of the country’s domestic output,...

According to Japanese media outlet Nikkan Kogyo Shimbun, U.S.-based silicon carbide wafer producer Wolfspeed is reportedly moving toward filing for Chapter 11 bankruptcy protection. This development is prompting Japanese firms—including Renesas Electronics, which holds a 10-year supply agreement ...

Facing fierce competition from rapidly expanding Chinese rivals and weak demand in the industrial and automotive markets, Wolfspeed is reportedly preparing to file for bankruptcy within weeks, according to the Wall Street Journal and Reuters. Weighed down by around $6.5 billion in debt, the U.S. ...