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Renesas enters restructuring support deal with Wolfspeed as the latter deals with ongoing financial struggles

Chiang, Jen-Chieh, Taipei; Jingyue Hsiao, DIGITIMES Asia Monday 23 June 2025 0

Credit: Renesas

Renesas Electronics has entered a financial restructuring agreement with Wolfspeed, a US-based silicon carbide (SiC) semiconductor manufacturer, amid Wolfspeed's ongoing financial struggles. Renesas anticipates recording a significant impairment loss...

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