SK Siltron buys DuPont’s wafer business for $450MSK Siltron, a semiconductor material producer, said Tuesday it will acquire DuPont’s wafer business as part of its efforts to beef up its advanced material business.
SK Siltron said its board members approved a plan to purchase DuPont’s silicon carbide (SiC) wafer business for $450 million. The company said it reached the agreement with DuPont after months of negotiation.
SiC wafers are considered key components in making power electronics semiconductors with its high strength and high thermal and radiation resistance. Demand for SiC wafers has been growing with increasing sales of electric vehicles.