Microelectronics: Semiconductor Producer Vishay Announces Major Investment

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According to the CDU parliamentary group, the figure is about one billion euros. Schleswig-Holstein's Minister of Economic Affairs Madsen presented a grant of some 215 million euros for the site in Itzehoe.

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The US Group is investing about one billion euros in the Schleswig-Holstein site. More than 200 million euros of funding comes from the federal and state governments.

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Million-dollar investment in Schleswig-Holstein: Semiconductor producer Vishay will produce significantly larger wafers in Itzehoe in the future.