The Austrian subsidiary of the German chip manufacturer Infineon is increasing investments in clearly defined future-oriented projects.
Infineon Austria raised the level of total investments in Austria in 2020 by a full 25 percent to € 386 million. The funds were primarily designed for fixed assets relating to the new, fully automated chip factory for 300-millimetre power semiconductors in Villach as well as the expansion of research and development facilities. The expansion of R&D in Villach, Graz and Linz has been concluded, and all three buildings are completed. As a result, Infineon Austria generated capacity for 860 additional jobs in the field of research and development.
Construction of the fully automated chip factory to produce the 300-millimeter thin-wafers in Villach is proceeding on schedule in spite of COVID-19. At present, work is being done on finishing the facade, interior fittings along with the installation and putting into operation of the first systems. Production is expected to commence at the end of 2021. On balance, the company is investing a total of € 1.6 billion in Austria.
Infineon Austria products are found in 50 percent of servers across the globe, in industrial facilities for the food industry, medical devices and power generation. Security chips produced by Infineon enable hygienic, contactless payment with bank and credit cards as well as smart wearables.