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Onsemi to acquire Qorvo SiC JFET business

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$115 million cash acquisition will enhance power portfolio for AI data centres

Onsemi has announced an agreement to acquire Qorvo's SiC JFET technology business, including the United Silicon Carbide subsidiary, for $115 million in cash.

The deal will enhance Onsemi's EliteSiC power portfolio, and enable it to address the need for high energy efficiency and power density in the AC-DC stage in power supply units for AI data centres. The move is also expected to accelerate Onsemi's readiness for emerging markets such as EV battery disconnects and solid-state circuit breakers or SSCBs.

According to the firm, SiC JFETs offer the lowest on-resistance per chip area, using less than half of any other technology, and also allow for the use of typical off-the-shelf drivers, which have been deployed with silicon-based transistors. These benefits would result in faster development, reduced energy consumption and lower system costs.

The transaction is expected to close in Q1 2025, subject to customary conditions.

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