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Since it debuted with an issued worth at RMB12.7 on the A-Share, StarPower has skyrocketed by 1073% in 23 days after successive twenty-one +10% trading limits. In April 2019, ON Semi acquired the proprietorship of Global Foundries’ 300mm wafer fab at East Fishkill, New York, to expand manufacturing of MOSFET and IGBT chips. IGBT has been a lot wanted amid the development of vehicle electrification. In June 2020, Infineon inked a multi-12 months deal with Danfoss and would supply the latter with IGBT and diode chipset used for energy modules of electric vehicle inverter.