Wolfspeed has responsibility for German chip plant project, ZF says

FRANKFURT (Reuters) – 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.

(Reporting by Ilona Wissenbach, Writing by Rachel More; Editing by Madeline Chambers)