onsemi And BorgWarner Expand Strategic Collaboration For Silicon Carbide Worth Over $1B In Lifetime Value
Portfolio Pulse from Happy Mohamed
onsemi (NASDAQ:ON) and BorgWarner Inc. (NYSE:BWA) have expanded their strategic collaboration for silicon carbide (SiC), making the total agreement worth over $1 billion in lifetime value. BorgWarner plans to integrate onsemi's EliteSiC 1200 V and 750 V power devices into its VIPER power modules for traction inverter solutions to increase the performance of electric vehicles.
July 18, 2023 | 1:03 pm
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BorgWarner plans to integrate onsemi's EliteSiC power devices into its VIPER power modules. This could enhance the performance of BorgWarner's traction inverter solutions for electric vehicles and potentially increase its market share.
BorgWarner's decision to integrate onsemi's power devices into its power modules could enhance the performance of its traction inverter solutions for electric vehicles. This could potentially increase BorgWarner's market share in the EV market.
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IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
onsemi's strategic collaboration with BorgWarner for silicon carbide is expected to bring in over $1 billion in lifetime value. This partnership could boost onsemi's revenues and strengthen its position in the EV market.
The expanded collaboration with BorgWarner is a significant deal for onsemi, as it is worth over $1 billion in lifetime value. This could lead to increased revenues for onsemi and further establish its presence in the EV market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100