Infineon To Invest EUR 1.1 Bln In Austria Site
Oct 27 (Reuters) - INFINEON TECHNOLOGIES AG IFXGn.DE:
ESTABLISHING THE WORLD’S FIRST HIGH-VOLUME PRODUCTION FACILITY FOR GALLIUM NITRIDE POWER SEMICONDUCTORS ON 300-MILLIMETRE WAFERS IN EUROPE
INVESTMENT OF 1.1 BILLION EUROS IN THE VILLACH SITE AS A GLOBAL COMPETENCE CENTER FOR POWER SEMICONDUCTORS
FUNDING AMOUNTING TO 319 MILLION EUROS UNDER THE EUROPEAN CHIPS ACT TO STRENGTHEN TECHNOLOGICAL SOVEREIGNTY
PRODUCTION IS SCHEDULED TO START AT THE END OF 2027
Further company coverage: [IFXGn.DE]