Stm, Buffagni in Catania "Good acquisition Norstel"

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CATANIA – STMicroelectronics will complete in the coming weeks the acquisition of the Swedish company Norstel, which develops and produces 6-inch silicon carbide wafers, and which will allow St to control the entire supply chain for a part of its devices, in a moment where the global availability of this substrate is limited. This is what emerged from a visit by the deputy minister of economic development, Stefano Buffagni, to the Catania site, one of the main 11 production sites of the company, where he was received by the president of St Italia, Giuseppe Notarnicola, and by the 'Ad, Orio Bellezza. This acquisition, it was explained, will offer significant growth opportunities and the related manufacturing activities will all be carried out in Catania, strengthening its role as the SiC's center of excellence for ST worldwide. Investments …

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