2023-04-13 04:53:52 ET
- German technology firm ZF has signed a multi-year agreement with STMicroelectronics ( NYSE: STM ).
- ZF gains a leading supplier for silicon carbide technology to reliably fulfil electromobility orders worth more than €30 billion from STMicroelectronics.
- Per the terms, will supply ZF with double-digit millions of silicon carbide devices from 2025 onwards.
- In ST, ZF found a supplier whose experience with complex systems meets ZF’s requirements and which can produce silicon carbide devices in exceptionally high quality and at the required quantities.
For further details see:
ZF inks deal with STMicroelectronics on silicon carbide devices