ON Semiconductor Corp., a U.S. semiconductor company, holds a completion ceremony for its S5 Line, a new silicon carbide manufacturing facility, in Bucheon, west of Seoul, on Oct. 24, 2023. (Yonhap)
SEOUL, Oct. 24 (Korea Bizwire) – U.S. chipmaker ON Semiconductor Corp., commonly known as onsemi, said Tuesday it has completed a facility manufacturing key materials for power semiconductors in Bucheon, west of Seoul.
The new facility, named S5 Line, is a fab plant that produces silicon carbide (SiC) wafers, with a capacity of more than 1 million 200mm SiC wafers per year when fully operational, according to onsemi.
SiC-based semiconductors are essential components that control power conversion in electric vehicles and high-powered electric vehicle chargers.
The S5 Line is part of the U.S. company’s 1.4 trillion-won (US$1.04 billion) project to expand its power semiconductor manufacturing facilities in Bucheon, a city located on the western outskirts of Seoul.
The company said its Korean operation will create up to 1,000 new jobs in the country in the next three years, with some 2,300 employees currently working for onsemi.
Based in Arizona, onsemi is a leading American semiconductor supplier company, posting $8.3 billion in annual sales last year.
(Yonhap)
