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[ON Semiconductor terminates Czech US$2 billion SiC expansion plan] "Science and Technology Innovation Board Daily" reported on the 9th that ON Semiconductor and the Czech Ministry of Industry and Trade jointly confirmed today that the two parties will no longer proceed with a multi-year, up to US$2 billion expansion plan previously announced in June 2024 to add end-to-end silicon carbide (SiC) production capacity at its plant in Rožnov pod Radhoštěm. However, the existing silicon-based and silicon carbide manufacturing capabilities at the Rozhnov site will not be affected and will continue to operate as part of ON Semiconductor's global manufacturing network.
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