Chip company Renesas says Wolfspeed situation won’t hit India OSAT

Reports of a likely bankruptcy filing by the US-based silicon carbide (SiC) wafer maker have been sending shockwaves through the global semiconductor industry with experts suggesting that it could impact Murugappa group-owned CG Power‘s upcoming outsourced semiconductor assembly and test facility (OSAT) in Sanand.

“We would like to clarify that the situation involving Wolfspeed will have no impact on the OSAT project, including…