$天岳先进(SH688234)$ ST Microelectronics is to take a majority stake in the Sweden based SiC wafer maker Norstel. ST Microelectronics already announced early January this year that they signed an agreement with Cree. This agreement guaranteed a several years long supply of SiC wafers for ST Microelectronics. It is now a new strategic move for ST Microelectronics.