Wolfspeed has responsibility for German chip plant project, ZF says

FILE PHOTO: U.S. power chip maker Wolfspeed’s silicon carbide 200mm wafer is seen on display at Wolfspeed’s Mohawk Valley Fab in Marcy, New York, U.S., April 2022. Courtesy of Wolfspeed/Handout via REUTERS/File Photo
FRANKFURT : U.S. chipmaker Wolfspeed is responsibile for the microchip manufacturing project planned in western Germany, automotive supplier ZF said on Tuesday, after an industry source said the German company intends to withdraw from the plan.
"Wolfspeed is responsible for the project. ZF has always provided intensive and active support here," a spokesperson for ZF said in an emailed statement.