SCT Renesas expects $1.7bn loss in first-half 2025 from Wolfspeed restructuring

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SCT Renesas expects $1.7bn loss in first-half 2025 from Wolfspeed restructuring

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Renesas Electronics Corp of Tokyo, Japan says that, as a resuts of entering into a restructuring support agreement with Wolfspeed Inc of Durham, NC, USA and its principal creditors for the financial restructuring of Wolfspeed, it hence expects to record a financial loss...

Source: https://www.semiconductor-today.com/new ... 0625.shtml
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