Onsemi and borgwarner expand strategic collaboration for silicon carbide worth over $1 billion in lifetime value

Scottsdale, ariz. & auburn hills, mich.--(business wire)--onsemi (nasdaq: on), a leader in intelligent power and sensing technologies, and borgwarner inc. (nyse: bwa), a global product leader in delivering innovative and sustainable mobility solutions, today announced the two companies are expanding their strategic collaboration for silicon carbide (sic), making the total agreement worth over $1 billion in lifetime value. borgwarner plans to integrate onsemi elitesic 1200 v and 750 v power devi.
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