Germany supports new chip factory
The semiconductor manufacturer Infineon expands its production capacities in Dresden, and therefore contributes to supply reliability for Germany and Europe.
Berlin/Brussels (d.de/dpa) - Germany supports the construction of a new chip factory in Dresden with 920 million euros. The European Commission in Brussels has approved the grant for construction of the production facility for the German semiconductor group Infineon. The company plans to invest around 3.4 billion euros to create additional production capacities for power semiconductors, which are to be used in the areas of energy generation and electromobility in particular. "The project promotes reliable chip supply for Germany and Europe, as well as reducing critical dependency in a high-tech field," said Minister for Economics Robert Habeck. He added that the project also demonstrated "that Germany is an attractive and competitive investment location for highly innovative technologies such as micro-electronics".
Planning provides for production to begin in 2026. Infineon has been based in Dresden as a producer since 1994. According to information provided by the company, a staff of 3,900 is currently working on the two existing production lines for 200mm and 300mm silicon discs, producing more than 400 different products.