EU Approves €319 Million State Aid to Austrian Semiconductor Factory
The project will make Villach the first site to produce the chips at scale on 300mm wafers, Infineon said.
- On Tuesday, German chipmaker Infineon announced an investment in its Villach, Austria, site to establish the world's first high-volume production of gallium nitride power semiconductors on 300-millimeter wafers.
- Gallium nitride, or GaN, switches faster and runs cooler than silicon; the shift to 300-millimeter wafers should reduce production costs by holding about 2.3 times as many chips as 200mm wafers currently used.
- The European Commission approved €319m in aid under the Chips Act; because Infineon will utilize existing cleanrooms in Villach, the expansion costs less than building a new facility.
- Austrian Chancellor Christian Stocker called the project "one of the largest single investments in the history of Austria's high-tech industry," as Infineon targets chips for artificial intelligence data centers, electric cars, and energy networks.
- Infineon plans to begin production by the end of 2027 and continue investing until 2034, though formal approval from Austria's authorities is still pending; shares rose nearly 1% in Frankfurt on Tuesday.
52 Articles
52 Articles
EU approves €319 million state aid to Austrian semiconductor factory
The European Commission has approved Austria’s state-aid grant to Infineon Technologies to upgrade its existing semiconductor facility in Villach, Carinthia, and make it the world’s first high-volume manufacturing facility for next generation semiconductors.
Infineon invests 1.1 billion euros in Carinthia – and does not create a single new job. This is not necessarily bad news
Infineon Technologies is investing about 1.1 billion euros in its Villach manufacturing complex to meet the growing demand for energy efficient semiconductors. Exclusive material for subscribers. To have full access, access the material link and register.
The chip manufacturer Infineon is expanding its plant in Villach, Austria, to produce faster and larger semiconductors. The DAX Group plans to invest more than EUR 1 billion in the location in the coming years.
Infineon to invest €1.1bn in Austrian plant for gallium nitride chips
German chipmaker Infineon will invest about €1.1bn in its site in Villach, Austria, to make power chips from gallium nitride, the company announced on Tuesday. It says the plant will be the first in the world to make these chips in large volumes on 300mm wafers. Power chips control how electricity flows inside devices, from chargers to […] This story continues at The Next Web
The chip manufacturer is expanding the production of GaN semiconductors. Chief Executive Officer Jochen Hanebeck speaks of a commitment to Europe's technological sovereignty.
Coverage Details
Bias Distribution
- 47% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
