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    Infineon plans €5 billion wafer fab in Dresden
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    Top-news

    Infineon plans €5 billion wafer fab in Dresden

    German chip manufacturer Infineon has announced plans to invest 5 billion Euros for the construction of a new factory for 300-millimeter
    Veröffentlicht
    14. November 2022
    Lesezeit
    1 Minute
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    Top-news

    “By the planned investment in a new factory we are continuing the consistent execution of our strategy and are broadening the base for our accelerated profitable growth trajectory in a forward-looking way,” said Jochen Hanebeck, Chief Executive Officer of Infineon.

    “We are pleased to have political support for an investment at the Dresden site (Germany) and we are counting on adequate funding through the European Chips Act. We concluded the challenging 2022 fiscal year very successfully, with an excellent fourth quarter. The 2023 fiscal year has also started well. In view of ongoing macroeconomic and geopolitical uncertainties, heightened vigilance is required in the coming quarters. We are prepared to act swiftly and flexibly if necessary.”

    www.infineon.com

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