Wolfspeed Inc - Company Profile
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Wolfspeed Inc (Wolfspeed) is a manufacturer and marketer of semiconductor components. The company offers silicon carbide and GaN materials, power devices and RF devices. Its product portfolio includes epitaxial wafers, silicon carbide bare wafers, GaN epitaxial layers, high-electron mobility transistors, monolithic microwave integrated circuits, and laterally diffused MOSFET power transistors. Wolfspeed also provides GaN-based die, metal oxide semiconductor field effect transistors, silicon carbide Schottky diodes, and power modules. The company’s products find application in diverse areas including 5G, fast charging, electric vehicles, renewable energy and storage, and aerospace and defense. It has operational presence in the US, China, Europe, Hong Kong, Asia-Pacific, and Malaysia. Wolfspeed is headquartered in Durham, North Carolina, the US.
Headquarters
United States of America
Address
4600 Silicon Dr, Durham, North Carolina, 27703
Website
www.wolfspeed.com
Telephone
1 919 4075300
No of Employees
4,802
Industry
Technology and Communications
Ticker Symbol & Exchange
WOLF (NYSE)
Revenue (2023)
$921.9M
23.5%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-64.2%
(2023 vs 2022)
Market Cap*
$3.0B
Net Profit Margin (2023)
XYZ
-32.9%
(2023 vs 2022)
* As of and is in US$
Wolfspeed Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Power | GaN Foundry Services | Wolfspeed |
| Discrete SiC MOSFETs | Online Foundry Training Course | |
| Discrete SiC Schottky Diodes | GaN Processes | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched the New York Registered Apprenticeship Program. |
| 2024 | Contracts/Agreements | In January, the company entered into a supply agreement with Infineon Technologies AG to enhance supply chain stability amid rising demand for silicon carbide semiconductors in automotive, solar, EV applications, and energy storage systems. |
| 2023 | Divestiture | In December, the company sold its radio frequency business to MACOM Technology Solutions Holdings, Inc. |
Competitor Comparison
| Key Parameters | Wolfspeed Inc | Sumitomo Corp | Mitsubishi Electric Corp | Broadcom Inc | STMicroelectronics NV |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | Japan | United States of America | Netherlands |
| City | Durham | Chiyoda-Ku | Chiyoda-Ku | San Jose | Schiphol |
| State/Province | North Carolina | Tokyo | Tokyo | California | - |
| No. of Employees | 4,802 | 78,235 | 149,655 | 20,000 | 51,370 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas Werner | Chairman | Executive Board | 2023 | - |
| Gregg A. Lowe | President; Chief Executive Officer; Director | Executive Board | 2017 | 61 |
| Neill P. Reynolds | Executive Vice President; Chief Financial Officer | Senior Management | 2018 | - |
| Elif Balkas | Chief Technology Officer | Senior Management | 2023 | - |
| Brad Kohn | Chief Legal Officer | Senior Management | 2013 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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