Diodes Incorporated (DIOD) to Acquire onsemi’s South Portland, Maine Wafer Fabrication Facility and Operations

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Go back to Diodes Incorporated (DIOD) to Acquire onsemi’s South Portland, Maine Wafer Fabrication Facility and Operations

Diodes Incorporated to Acquire onsemi’s South Portland, Maine Wafer Fabrication Facility and Operations

February 28, 2022 8:15 AM EST

PLANO, Texas--(BUSINESS WIRE)-- Diodes Incorporated (Diodes) (Nasdaq: DIOD) today announced it has entered into a definitive agreement to acquire onsemis wafer fabrication facility and operations located in South Portland, Maine (the South Portland Facility). Terms of the agreement were not disclosed.

The South Portland Facility (SPFAB) offers Diodes additional 200mm wafer fab capacity for analog products to accelerate its growth initiatives in the automotive and industrial end markets. This US-based facility, together with Diodes existing wafer fabrication facilities in Asia and Europe, will further enhance Diodes global manufacturing operations.

The proposed... More