Back to mobile site

Wolfspeed has responsibility for German chip plant project, ZF says

October 22, 2024 10:28 AM EDT

FILE PHOTO: U.S. power chip maker Wolfspeed’s silicon carbide 200mm wafer is seen on display at Wolfspeed’s Mohawk Valley Fab in Marcy, New York, U.S., April 2022. Courtesy of Wolfspeed/Handout via REUTERS/File Photo

FRANKFURT (Reuters) - U.S. chipmaker Wolfspeed is responsibile for the microchip manufacturing project planned in western Germany, automotive supplier ZF said on Tuesday, after an industry source said the German company intends to withdraw from the plan.

"Wolfspeed is responsible for the project. ZF has always provided intensive and active support here," a spokesperson for ZF said in an emailed statement.

(Reporting by Ilona Wissenbach, Writing by Rachel More; Editing by Madeline Chambers)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters