Infineon Invests 1.6 Billion Euros in New Chip Factory in Austria

CompaniesTechnology ♦ Published: May 30, 2018; 15:47 ♦ (Vindobona)

German semiconductor manufacturer Infineon is investing in Carinthia in the largest chip factory in Europe. 1.6 billion euros will be invested in the construction of a new semiconductor factory at the Villach site.

CEO Sabine Herlitschka (second from rigth): "This major investment is a milestone for Infineon Austria" / Picture: © BKA - Bundeskanzleramt Österreich / Federal Chancellery of Austria

This investment will be directed towards the construction of a fully automated chip factory for the production of 300 millimeter thin wafers in addition to the existing production facilities.

In the last decade, Infineon has already invested over 1 billion euros in Carinthia. More than 10% of the Infineon Group's total workforce now works in Villach.