onsemi celebrated the inauguration of its silicon carbide (SiC) facility in Hudson, New Hampshire with a ribbon cutting ceremony. Signifying the importance of this event and manufacturing of semiconductors in the U.S. were the attendance of multiple guests of honor led by U.S. Secretary of Commerce Gina Raimondo. Also present were U.S. Senators Jeanne Shaheen and Maggie Hassan from New Hampshire, Representative Chris Pappas from the 1st congressional district of New Hampshire and Representative Annie Kuster from the 2nd congressional district of New Hampshire as well as other local governmental dignitaries.

The site will increase the company's SiC boule production capacity by five times year-over-year and almost quadruple the number of its employees in Hudson by the end of 2022. The expansion gives onsemi full control of its silicon carbide manufacturing supply chain, starting with the sourcing of silicon carbide powder and graphite raw material to the delivery of fully packaged SiC devices. This allows onsemi to provide its customers with the assurance of supply required to meet rapidly growing demand for SiC-based solutions.

SiC is critical for enabling efficiency in electric vehicles (EVs), EV charging, and energy infrastructure and is an important contributor on the path to decarbonization. The SiC total addressable market is projected to grow from $2B in 2021 to $6.5B in 2026, at a compound annual growth rate of 33%. The inauguration ceremony comes only days after President Biden signed the CHIPS and Science Act into law.

The Act will strengthen supply chain resiliency and help avoid disruptions for critical components affecting every sector of the economy.