STMicroelectronics N.V.: ROHM Group Company SiCrystal and STMicroelectronics Announce Multi-Year Silicon Carbide Wafer Supply Agreement

ROHM Group Company SiCrystal and STMicroelectronics Announce 
 
   Multi-Year Silicon Carbide Wafer Supply Agreement 
 
   Agreement will boost industrial flexibility and support commercial 
expansion of 
 
   SiC products in automotive and industrial applications 
 
   Kyoto, Japan and Geneva, Switzerland, January 15, 2020 -- ROHM (TSE: 
6963) and STMicroelectronics (NYSE: STM), a global semiconductor leader 
serving customers across the spectrum of electronics applications, today 
announced it signed a multi-year silicon carbide (SiC) wafers supply 
agreement with SiCrystal, a ROHM group company having a top share of SiC 
wafers in Europe. The agreement governs the supply of over 120 million 
dollars of advanced 150mm silicon carbide wafers by SiCrystal to 
STMicroelectronics during this period of demand ramp-up for silicon 
carbide power devices. 
 
   "This additional long-term SiC substrate supply agreement comes on top 
of the external capacity we have already secured and the internal 
capacity we are ramping. It will enable ST to increase the volume and 
balance of the wafers we will need to meet the strong demand ramp-up 
from customers for automotive and industrial programs over the next 
years", said Jean-Marc Chery, President and CEO of STMicroelectronics. 
 
   "SiCrystal is a group company of ROHM, a leading company of SiC, and has 
been manufacturing SiC wafers for many years. We are very pleased to 
enter into this supply agreement with our longstanding customer ST. We 
will continue to support our partner to expand silicon carbide business 
by ramping up wafer quantities continuously and by providing reliable 
quality at all times", said Dr. Robert Eckstein, President and CEO of 
SiCrystal, a ROHM group company. 
 
   The adoption of power solutions with SiCs is accelerating in both the 
automotive and industrial markets. With this agreement, the two 
companies will contribute to the widespread use of SiC in these markets. 
 
   About STMicroelectronics 
 
   ST is a global semiconductor leader delivering intelligent and 
energy-efficient products and solutions that power the electronics at 
the heart of everyday life. ST's products are found everywhere today, 
and together with our customers, we are enabling smarter driving and 
smarter factories, cities and homes, along with the next generation of 
mobile and Internet of Things devices. 
 
   By getting more from technology to get more from life, ST stands for 
life.augmented. 
 
   In 2018, the Company's net revenues were $9.66 billion, serving more 
than 100,000 customers worldwide. 
 
   Further information on ST can be found at 
https://www.globenewswire.com/Tracker?data=1PXoXsR_q7QyRucYRdQx1ybgCDNBEgRuA7eWz0mlFcqG1MmRYjQJc7yVApgvtPEpAUeAZzpcsgWn5Cexphh1GQ== 
www.st.com. 
 
   About ROHM 
 
   Founded in 1958, ROHM provides LSI and discrete semiconductors 
characterized by outstanding quality and reliability for a broad range 
of markets, including automotive, industrial and consumer market via its 
global development and sales network. 
 
   In the analog power field, ROHM proposes the suitable solution for each 
application with power devices such as SiC, driver ICs to maximize their 
performance, and peripheral components such as transistors, diodes and 
resistors. 
 
   Further information on ROHM can be found at 
https://www.globenewswire.com/Tracker?data=1PXoXsR_q7QyRucYRdQx19-Qv3XrL7s5P7XiTKciz4-9LSbzenhYkemsgycu2RnGWwMQUuuHDl2Y7h2wH_NxEg== 
www.rohm.com 
 
   About SiCrystal 
 
   SiCrystal, a ROHM group company, is one of the global market leaders for 
monocrystalline silicon carbide wafers. SiCrystal's advanced 
semiconductor substrates provide the basis for the high efficient use of 
electrical energy in electric vehicles, fast charging stations, 
renewable energies and in various fields of industrial applications. 
 
   Further information on SiCrystal can be found at 
https://www.globenewswire.com/Tracker?data=1PXoXsR_q7QyRucYRdQx19MRzVbxeT_WGq5_tKF9opFBxQ9KQhUrq3OkhJWkNvEtOdhKumI9l4evAqhcW2ZUUA== 
www.sicrystal.de 
 
   For further information, please contact: 
 
   STMicroelectronics 
 
   INVESTOR RELATIONS: 
 
   Céline Berthier 
 
   Group VP, Investor Relations 
 
   Tel: [phone] 
 
   [e-mail] 
https://www.globenewswire.com/Tracker?data=mTBAZAO0SrW-QrY_cQNtQ_-d3hGBMmB-h9GRSIqBpYOFAY_UBSJufL-ts361ilJEx6w1chRB0R9KTO9YiDsJMdytfX_i7c1aqNsd74qDee0= 
 
 
   MEDIA RELATIONS: 
 
   Alexis Breton 
 
   Corporate External Communications 
 
   Tel: + 33 6 59 16 79 08 
 
   [e-mail] 
https://www.globenewswire.com/Tracker?data=i6WVfhTR4gSu1rLLRK7Nx5wfqVeYPVwqQjOQlY-0dkKs8XSkYZvk6L2uHhxwf8xIsIspsErBPvlnOLuIcemlpxp5jnTqOWmj_qdQzQwDvL4= 
 
 
   ROHM/SiCrystal 
 
   Tatsuhide Goto 
 
   Corporate Communication Division 
 
   https://www.globenewswire.com/Tracker?data=tz2oUQIIFEOo2cJZHaQ06lkN-rAMERLHAaYUplVaVUEHAR10tTbqPTrlauJEOPFumBaLUE6CUufmS1eHbkfFqw== 
[e-mail] 
 
 
 
   Attachment 
 
 
   -- C2936C -- ST-SiCrystal SiC WSA_15jan2020 
      https://ml-eu.globenewswire.com/Resource/Download/a726ad1b-4d8c-4880-ab0e-c6f45e50e44e 
 
 
 
 
 
 
 

(END) Dow Jones Newswires

January 15, 2020 03:00 ET (08:00 GMT)