SEOUL - U.S.-based chipmaker ON Semiconductor Corp., commonly known as onsemi, announced on Tuesday the completion of a new manufacturing facility focused on producing silicon carbide (SiC) wafers in Bucheon, located to the west of Seoul.
According to a new release by Yonhap News Agency, the facility, named S5 Line, is designed to produce more than 1 million 200mm SiC wafers per year when it reaches full operational capacity. SiC wafers are crucial components in power semiconductors, notably for controlling power conversion in electric vehicles and high-powered electric vehicle chargers.
The S5 Line forms part of onsemi's larger 1.4 trillion-won (US$1.04 billion) project aimed at expanding its power semiconductor manufacturing capabilities in Bucheon. The company revealed that its operations in Korea are set to create up to 1,000 new jobs in the country over the next three years. Currently, approximately 2,300 employees work for onsemi in Korea.
Headquartered in Arizona, onsemi is a prominent semiconductor supplier in the United States and reported $8.3 billion in annual sales last year.