Infineon: Further high investments planned

0
5


economy

At 3.1 billion euros, Infineon’s current sales are at the previous year’s level. The company is “cautiously optimistic” about the future and plans – despite the crisis – further high investments in production and manufacturing and development.

The past fiscal year was demanding, even if the semiconductor market had proven to be stable overall, said Sabine Herlitschka, CEO of Infineon. Five percent growth was achieved in this area alone. Because Infineon produces so-called “system-relevant key technologies”, the coronavirus pandemic also brought opportunities overall: “For example, in medical products, in ventilators, we have components that control electric motors in a ventilator. In the period from February to mid-April alone, Internet traffic increased by 40 percent. We make our energy-saving chips available in more than 50 percent of global server farms and data centers. “

Short-time work ended earlier than planned

From May onwards, 1,500 employees were on short-time work. The second short-time work phase was ended earlier than planned. With one reason: There have been positive developments in the automotive sector since the summer. The number of vehicles produced will decrease in the near future – but automation is advancing and more and more new vehicles are being equipped with semiconductors. What began in 1970 at the Villach location with 24 employees has developed over the past 50 years into one of the most research-intensive companies in Austria. 498 million euros were invested in this area this year. According to Herlitschka, the aim is: “Out of Austria, to serve the global markets with the best technologies and products. And to create future-oriented, highly attractive jobs here in the region. “

400 new jobs in the next few years

The chairwoman announced that 400 high-tech jobs are to be created in the next few years. The new chip factory is scheduled to start production at the Villach location at the end of 2021. The new semiconductor materials silicon carbide and gallium nitride are used there. They should enable energy-efficient production. Because: Infineon wants to become climate-neutral in the next ten years.



Source link
https://kaernten.orf.at/stories/3078316/

LEAVE A REPLY

Please enter your comment!
Please enter your name here