The chip manufacturer wants to produce more semiconductors in Germany.
(Photo: dpa)
Munich Infineon is building a new plant in Dresden for five billion euros. The company announced on Monday in Munich that the 300 millimeter production capacity for analog and mixed-signal chips as well as for power semiconductors should be expanded.
This could create up to 1000 jobs. The supervisory board approved the expansion of production. “The planned production site is Dresden, subject to appropriate public funding,” the statement said. The factory could go into operation in autumn 2026.
The automotive, industrial and renewable energy markets, which Infineon mainly supplies with its chips, showed “increasing dynamics and permanently strong growth factors”, the company justified the investment and the increase in its goals.
In the future, sales are expected to grow by more than ten percent a year. Previously, the company had expected nine percent. The operating return on sales (segment result margin) is also expected to rise significantly to 25 (previously: 19) percent.
Top jobs of the day
Find the best jobs now and
be notified by email.
In addition, Infineon announced a deal worth billions: the car manufacturer Stellantis secured silicon carbide semiconductors from the Munich chip group. The two companies signed a corresponding non-binding letter of intent, according to information on Monday.
Accordingly, Infineon reserves production capacities and will deliver the power semiconductors directly to the Stellantis suppliers in the second half of the decade.
Overall, it is about a possible volume of well over one billion euros. It’s about chips for electric vehicles from Stellantis. Infineon is preparing for the increasing demand in the industry with significant investments. In 2024, a new silicon carbide factory is scheduled to open in Kulim, Malaysia.
More: Automaker Stellantis benefits from decreasing shortage of semiconductors