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Onsemi Scraps Plan for $2 Billion Expansion in Czech Republic

Bloomberg Technology Friday 06 November 2026, 19:24 UTC By Michal Kubala 1 min read
Key Points

Onsemi Scraps Plan for $2 Billion Expansion in Czech Republic ON Semiconductor Corp. scrapped plans for a semiconductor expansion in the Czech Republic that was initially valued at as much as $2 billion. The US chipmaker and the Czech Industry Ministry agreed not to proceed with the project to expand silicon carbide production at Onsemi’s existing site in Roznov pod Radhostem, the company said in a statement Friday.

Onsemi Scraps Plan for $2 Billion Expansion in Czech Republic ON Semiconductor Corp. scrapped plans for a semiconductor expansion in the Czech Republic that was initially valued at as much as $2 billion. The US chipmaker and the Czech Industry Ministry agreed not to proceed with the project to expand silicon carbide production at Onsemi’s existing site in Roznov pod Radhostem, the company said in a statement Friday.
Czech Republic Onsemi Scraps Plan (ORG) Czech Republic (LOCATION) ON Semiconductor Corp. (ORG) the Czech Republic (LOCATION) US (LOCATION) the Czech Industry Ministry (ORG) Onsemi (ORG) Roznov (LOCATION) Radhostem (PERSON)
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