Onsemi sells two fabs

“The proposed divestitures show that we are well on our way to achieve an optimized manufacturing network while supporting our customers with long-term assurance of supply,” says CEO  Hassane El-Khoury, “the transactions provide employees at the affected fabs with continued employment and growth opportunities while allowing onsemi to transition production from these fabs to other manufacturing sites in an orderly manner.”

Diodes plans to expand on its 200mm wafer fab capacity in support of its analogue product growth.

On February 8, 2022, onsemi completed the sale of its Oudenaarde fab to BelGaN Group BV, a consortium of investors and executives with extensive expertise in semiconductors,

BelGaN plans to become a leading 6-inch and 8-inch gallium nitride (GaN) foundry in Belgium