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CG Powers Chip Plans Rocked by Turmoil at Wafer Co Wolfspeed
Primus In News
CG Powers Chip Plans Rocked by Turmoil at Wafer Co Wolfspeed
06-06-2025

Devroop Dhar, India CEO & Co-founder, Primus Partners, highlighted that CG Power's joint venture could face short-term challenges due to Renesas's financial troubles. Since Renesas plays a key role in technology and demand, unlike STMicroelectronics which only offers assembly and testing support, any prolonged issues at Renesas may force CG Power to reassess its plant operations.

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