Wolfspeed Supply Chain Not Impacted by China Export License Control of Gallium and Germanium
17 Julho 2023 - 5:05PM
Business Wire
Today, Wolfspeed, Inc. (NYSE: WOLF), the global leader in
silicon carbide technology, issued the following statement
regarding the recent decision by the Chinese Ministry of Commerce
to restrict the export of gallium and germanium which is scheduled
to take effect on August 1, 2023. The statement can be attributed
to Wolfspeed spokesperson Melinda Walker.
“Following an internal review, the company has confirmed that
its supply chain will not be impacted by the proposed export
restrictions on gallium and germanium. Wolfspeed strives to manage
its supply chain with our supply partners through principles such
as quality, availability, social responsibility, and cost. We
appreciate that global events can lead to dynamic market conditions
that will require us to periodically review our supply chain, and
we will continue to do so to ensure Wolfspeed’s needs are
fulfilled.”
About Wolfspeed:
Wolfspeed (NYSE: WOLF) leads the market in the worldwide
adoption of silicon carbide and GaN technologies. We provide
industry-leading solutions for efficient energy consumption and a
sustainable future. Wolfspeed’s product families include silicon
carbide materials, power devices and RF devices targeted for
various applications such as electric vehicles, fast charging, 5G,
renewable energy and storage, and aerospace and defense. We unleash
the power of possibilities through hard work, collaboration and a
passion for innovation. Learn more at www.wolfspeed.com.
Twitter: @Wolfspeed LinkedIn: @Wolfspeed
Wolfspeed® is a registered trademark of Wolfspeed, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20230717952168/en/
Media Relations Contact:
Melinda Walker Director, Corporate Communications 818-261-4585
Media@wolfspeed.com Investor Relations
Contact: Tyler Gronbach VP, External Affairs
919-407-4820 investorrelations@wolfspeed.com
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