Wolfspeed is filing for Chapter 11 bankruptcy, leading to asset transfers to Renesas Electronics.
2 reports, 1 independent
Updated Jul 10
Gone quiet
- Reports
- 2
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
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What happened
Wolfspeed is filing for Chapter 11 bankruptcy, leading to asset transfers to Renesas Electronics.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Renesas Electronics provided a prepayment to aid Wolfspeed's restructuring efforts.Sub-event
Wolfspeed enters bankruptcy, transferring assets to Renesas and naming Gregor van Issum as CFO.1 source
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The entities involved
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Renesas Electronics
company
Nothing else this week.
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Wolfspeed
manufacturer of wide bandgap semiconductors, focused on silicon carbide and gallium nitride materials
Nothing else this week.
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Coverage
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- Unknown outlet