Ansemi and the Czech Ministry of Industry and Trade recently confirmed today that the two sides will no longer proceed with a multi-year expansion plan of up to 2 billion US dollars announced in June 2024, that is, to add end-to-end silicon carbide production capacity at their plant in Rozhnov. However, the existing silicon-based and silicon carbide manufacturing capabilities at the Rozhnov plant will not be affected, and will continue to operate as part of Ansemi's global manufacturing network.

Ansemi and the Czech Ministry of Industry and Trade recently confirmed today that the two sides will no longer proceed with a multi-year expansion plan of up to 2 billion US dollars announced in June 2024 to add end-to-end silicon carbide production capacity at their plant in Rozhnov. However, the existing silicon-based and silicon carbide manufacturing capabilities at the Rozhnov plant will not be affected, and will continue to operate as part of Ansemi's global manufacturing network.