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Onsemi may get Czech aid for new semiconductor plant, EU watchdog says

( November 21, 2025, 10:45 GMT | Official Statement) -- MLex Summary: The Czech Republic has won approval for its plans to give a direct grant worth around €450 million to Onsemi, to support the US chipmaker's investment in a new integrated chip manufacturing facility for silicon carbide power devices in Rožnov pod Radhoštěm. The measure will contribute to increasing the EU's technological independence, in line with the goals set out in the European Chips Act, while speeding up the digital and green transitions. SiC power devices are crucial to enable high-performance power electronics used in electric vehicles, fast-charging stations and other industrial applications.Statement follows. ...

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