News Article

ST Closes Acquisition Of SiC Wafer Specialist Norstel


ST strengthens internal ecosystem, from materials expertise and process engineering to SiC-based MOSFET and diodes design and manufacturing

STMicroelectronics has completed its acquisition of Swedish SiC wafer manufacturer Norstel AB. ST exercised its option to acquire the remaining 45 percent stake, following the initial transaction announced in February 2019. The total consideration for the acquisition of Norstel was $137.5 million, funded with available cash.

“At a time of constrained global capacity for SiC, the full acquisition of Norstel will strengthen our internal SiC ecosystem: it will boost our flexibility, allow us to control better the improvement of yield and quality of the wafers, and support our long-term SiC roadmap and business,” said Jean-Marc Chery, president and CEO of STMicroelectronics. “This acquisition comes in addition to wafer supply agreements signed with third parties, with the overall goal to secure the required level of wafers to manufacture MOSFET and diodes for the automotive and industrial customer programs that will ramp up over the next years.”

Norstel will be fully integrated into ST's global R&D and manufacturing operations. It will continue growing its activities covering both the production of 150mm bare and epitaxial SiC wafers and R&D on 200mm production as well as, more broadly, on wide bandgap materials.

PPG Unveils Marketplace-ready Automotive Battery Solutions At AABC Europe
New Jersey Launches New Legislation Providing Incentives For PHEVs And Charging Infrastructure
Controllis Introduces High Capacity Rectifiers With Solar Integration
Octopus Electric Vehicles And EO Charging Launch EV Charging Solution
Siemens Achieves Industry-Leading Performance With GaN Systems
Nidec ASI Chosen By Energy Vault For Power Conversion Systems And Motors
Valmet Automotive’s Battery Test Centre To Be Operational By The End Of February
UK Based OXIS Energy Close To Achieving 500Wh/kg With Solid State Lithium Sulphur Technology
Meritor Acquires TransPower, Advancing Its Electrification Expertise
Littelfuse Board Helps Designers Try Out SiC Chips
ESI’s Virtual Prototyping Helps Farasis Energy Eliminate Physical Prototypes
Trials Involving Wireless Charging For Electric Taxis To Commence In Nottingham
Miniature Power Supply
Siemens Boosts Performance With GaN Systems Transistors
Maserati Starts Testing Its First 100% Electric Powertrain
Ib Vogt Sells And Constructs 180 MWp PV Plant In Spain
Global Cleantech 100 Includes GaN Systems
Shin-Etsu Chemical Licenses Qromis GaN Tech
Rohm And ST Sign SiC Wafer Supply Agreement
ST Readies For SiC Take-off
Opel Grandland X Plug-in Hybrid Reaches Dealerships Across Germany
New 9.6-metre BYD ADL Electric Bus To Service Go-Ahead London’s Route 100
Honda Partners With Moixa To Bring V2G Charging Project To Islington
WMG Helping Nissan In Grading Used Li-ion Batteries From The LEAF

Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Power Electronics World Magazine, the Power Electronics World Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: