Infineon, Volkswagen strengthen their ties : Page 2 of 2

May 14, 2019 //By Christoph Hammerschmidt
Infineon, Volkswagen strengthen their ties
The Volkswagen Group has included Infineon as a new partner in its strategic supplier network FAST (Future Automotive Supply Tracks), thereby establishing close cooperation with the semiconductor manufacturer. At the same time, the company is announcing the further expansion of its production landscape for power semiconductors.

In order to meet the growing demand for power electronics in the automotive industry and other industries, Infineon is expanding its production capacities at its existing plants in Dresden and Kulim (Malaysia). In addition, the company is investing 1.6 billion euros in a new power semiconductor manufacturing plant in Villach, Austria, over the next few years. It is scheduled to go into operation in 2021.

In addition, Infineon is investing a further €100 million in the expansion of its semiconductor production: In Cegléd (Hungary), Infineon plans to build a production facility for inverters for use in electric and hybrid vehicles. The chip manufacturer has now received a grant of HUF 6.4 billion (€20 million) from the Hungarian government. The new production line to be built complements an existing plant at the same location and will provide jobs for 275 skilled workers.

Related articles:

VW to open its e-car platform to competitors

Electric and digital: Audi sketches its technological future

Volkswagen increases R&D spending for electromobility

Infineon intends to regain the lead in automotive chips

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