Huge money for a great investment: The European Commission agreed to Germany allocated EUR 920 million to support in Infineon in the creation of a new semiconductor production plant in Dresden. It will be free help. “It will provide the European Union with flexible production capacity, and thus strengthens the security of supplies, resistance and technological autonomy of Europe,” explains the EC in a press release. It was emphasized that without this assistance the investment could not be created.
What will the plant in Dresden be? Infineon in the said plant is to produce semiconductors, which will be used, among others in the industrial and automotive industries. This is to be the first plant in Europe, which “will be able to quickly switch production between two technology families while maintaining high performance.” The whole is to achieve full performance in 2031 The investment will amount to a total of EUR 3.5 billion.
The investment is to be useful to all of Europe: In exchange for the assistance received, one of the largest German enterprises, dealing with the production of electronic components, has undertaken: invest in research and development of a new generation of combined systems in Europe, provide your new facility with small and medium -sized enterprises and research organizations to carry out tests and create prototypes. Infineon ensures that its plant “will bring broader positive effects on the semiconductor market in the EU”.
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Source: Gazeta
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