Singapore markets closed

Vitesco Technologies Group Aktiengesellschaft (VTSCY)

Other OTC - Other OTC Delayed price. Currency in USD
Add to watchlist
14.090.00 (0.00%)
At close: 10:24AM EDT
Full screen
Loading interactive chart…
  • Business Wire

    Vitesco Technologies and onsemi Sign SiC Long-Term Supply Agreement and Agree to Invest in SiC Technology Capacity Expansion

    REGENSBURG, Germany & SCOTTSDALE, Ariz., May 31, 2023--Vitesco Technologies (FSE: VTSC) and onsemi (Nasdaq: ON) today announced a 10-year long-term supply agreement worth $1.9 billion for silicon carbide (SiC) products to enable Vitesco Technologies’ ramp in electrification technologies. Vitesco Technologies, a leading international manufacturer of modern drive technologies and electrification solutions, is providing an investment of $250 million to onsemi for new equipment for SiC boule growth,