Key and Vishay sign MOSFET agreement
Companies agree on long-term production of multiple power MOSFETs
Key Foundry, an 8-inch foundry in Korea, has signed a long-term supply agreement with Vishay Intertechnology for multiple power MOSFET products.
They plan to start mass production in 2024. In addition, both parties have begun discussions for other future product developments.
With this agreement, Vishay says it secures a reliable source of foundry services for MOSFET production, while Key Foundry engages with a large customer for automotive power discretes, which will increase its share of automotive semiconductor sales in the long term.
"With this agreement we are taking another step forward in our plan to expand capacity, both internally and externally. In particular, it will help us alleviate our current MOSFET supply constraints especially for our automotive and industrial customers," said Joel Smejkal, president and CEO of Vishay. "In evaluating foundry partners, we decided to engage with Key Foundry because of its foundry's capabilities and proactive response."
"We are pleased to collaborate with Vishay, a leading automotive power semiconductor company," said Derek D. Lee, CEO of Key Foundry. "Key Foundry will continue to improve process technologies as well as strengthen capabilities in marketing, quality, and production to expand supply of automotive semiconductors and grow into a leading specialty foundry."
