ON Semiconductor Expands EliteSiC Portfolio with $115M Acquisition of SiC JFET Technology from Qorvo

ON Semiconductor Corporation (ON) has bolstered its EliteSiC power portfolio with the acquisition of Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology from Qorvo for $115 million in cash. This strategic move enables ON Semiconductor to address the growing demand for high energy efficiency and power density in various markets, including AI data centers, electric vehicles, and industrial applications.

The acquisition of SiC JFET technology complements ON Semiconductor's existing EliteSiC power portfolio, allowing the company to offer more comprehensive power solutions to its customers. In the AI data center market, SiC JFETs will help improve the efficiency and power density of power supply units in the AC-DC stage. In electric vehicle applications, SiC JFETs will enhance the efficiency and safety of battery disconnect units by replacing multiple components with a solid-state switch based on SiC JFET. In the industrial end-market, SiC JFETs will enable certain energy storage topologies and solid-state circuit breakers.

Simon Keeton, group president and general manager of the Power Solutions Group at ON Semiconductor, stated, "This acquisition further strengthens ON Semiconductor's leadership in power semiconductors by providing disruptive and market leading technologies to our customers to solve their most pressing power density and efficiency problems in AI data centers, automotive and industrial markets. We will continue to innovate and make investments to expand our technology leadership in providing the most comprehensive power system solutions."

The acquisition of SiC JFET technology aligns with ON Semiconductor's long-term strategy in the AI data centers, automotive, and industrial markets. By integrating SiC JFETs into its power solutions, ON Semiconductor can cater to the growing demand for efficient and reliable power electronics in these markets. The company's expanded EliteSiC portfolio will enable it to better serve its customers and maintain its competitive edge in the power semiconductor industry.

In conclusion, ON Semiconductor's acquisition of SiC JFET technology from Qorvo is a strategic move that strengthens the company's position in the power semiconductor market. By expanding its EliteSiC portfolio, ON Semiconductor can address the growing demand for high energy efficiency and power density in various markets, aligning with its long-term strategy and providing more comprehensive power solutions to its customers.