Final €1bn funding for Infineon Dresden fab as tariffs cut in

The Federal Ministry of Economics has given the green light for the promotion of the Dresden Infineon plant. The state supports a new factory construction of the chip manufacturer with 920 million euros.

Final €1bn funding for Infineon Dresden fab as tariffs cut in

Infineon Technologies has received final approval for the funding of its smart power fab in Dresden from the German Federal Ministry for Economic Affairs. At the same time the company expects to see a 10% reduction in sale sin 2025 as a result of US tariffs on vehicles. The €1bn funds for the fab will […] The post Final €1bn funding for Infineon Dresden fab as tariffs cut in appeared first on eeNews Europe.

Dresden - The expansion of semiconductor production in Saxony continues: the technology group Infineon announces progress in the construction of its new chip factory in Dresden. As the company announced on Thursday, the shell of the so-called "Smart Fab" is almost complete. Commissioning is already planned for the coming year. With the new production unit, Infineon is responding to the increasing demand for semiconductors – especially in the are…