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Rockley Photonics Completes Financial Restructure: Week in Brief: 06/09/23

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GENEVA, June 9, 2023 — Semiconductor technology companies STMicroelectronics and Sanan Optoelectronics signed an agreement to create a 200-mm silicon carbide device manufacturing joint venture in Chongqing, China. The fab is expected to begin production toward the end of 2025 and full buildout is expected in 2028. The total cost of the buildout is expected to be approximately $3.2 billion, including capital expenditures of about $2.4 billion over then next five years, which will be financed by contributions from the two companies, local government support, and loans to the joint venture. OXFORD, England...Read full article

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    Published: June 2023
    Glossary
    wafer
    In the context of electronics and semiconductor manufacturing, a wafer refers to a thin, flat disk or substrate made of a semiconducting material, usually crystalline silicon. Wafers serve as the foundation for the fabrication of integrated circuits (ICs), microelectromechanical systems (MEMS), and other microdevices. Here are key points regarding wafers: Material: Silicon is the most commonly used material for wafer fabrication due to its excellent semiconductor properties, high purity,...
    electronics
    That branch of science involved in the study and utilization of the motion, emissions and behaviors of currents of electrical energy flowing through gases, vacuums, semiconductors and conductors, not to be confused with electrics, which deals primarily with the conduction of large currents of electricity through metals.
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