February 10, 2025 - 05:16
Onsemi, a leader in power and sensing technology, has finalized its acquisition of Qorvo's silicon carbide junction field-effect transistor (SiC JFET) technology for a total of $115 million. This strategic move is set to enhance Onsemi's existing EliteSiC power portfolio, which is crucial in advancing electric vehicle (EV) technology.
The integration of SiC JFET technology is expected to significantly improve the efficiency and safety of power management systems in EVs. By utilizing SiC JFETs, Onsemi aims to streamline designs by reducing the number of components required, leading to lighter and more efficient systems. This technology is particularly beneficial in high-voltage applications, where it can handle greater power levels while maintaining thermal performance.
The acquisition underscores Onsemi's commitment to innovation in the semiconductor industry, particularly in the growing market for electric vehicles and renewable energy solutions. The company is poised to leverage this new technology to meet the increasing demand for efficient power management solutions.
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Nasdaq Grants Extension for Graphjet Technology Trading Suspension Ahead of July HearingIn a significant development for Graphjet Technology, the Nasdaq has decided to extend the trading suspension of its shares until a hearing scheduled for July 17. This decision comes as the company...
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