European chipmaker STMicroelectronics NV will partner with China's Sanan Optoelectronics to build a factory in Chongqing that will cater to the rising demand for electric vehicles as well as industrial power and energy applications.
STMicroelectronics and Sanan Optoelectronics have signed an agreement to create a new 200mm silicon carbide device manufacturing JV in Chongqing, China.
Press Release: STMicroelectronics and Sanan Optoelectronics to advance Silicon Carbide ecosystem in China STMicroelectronics and Sanan Optoelectronics to advance Silicon Carbide ecosystem in China