World Infineon share gives profits ultimately: Infineon screws sales target for new Chippabrik in Villach up
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In the middle of the world's chip crisis, the semiconductor company Infineon opens its latest work in the Austrian Villach on Friday.
The 1.6 billion euros expensive factory has its official start of production in the early afternoon (13.30 clock). However, production has begun in August.
The factory could be completed around three months faster than planned. The acceleration had announcedat the beginning of the year in response to global chip deficiency and high demand.
in Villach produces infineon power semiconductors. The production is fully automated. Nevertheless, around 400 new jobs are to be created. At the opening, EU Commissioner Thierry Breton and the Austrian Federal Chancellor Sebastian are expected shortly.
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Sales goal raised
The semiconductor manufacturer Infineon wants to retract higher proceeds thanks to the booming demand with its new work in Austrian Villach than previously planned.
In the case of full utilization of the factory in three to four years, an additional revenue volume of around two billion euros per year should be expected, the Munich chip concier was announced on Friday. So far, a sales potential of 1.8 billion euros was announced annually.
"The time to create new capacities in Europe could not be better in view of the world's growing demand for power semiconductors," said CEO Reinhard Plos. He assumes that, given the accelerated digitization, the need will continue to increase in the coming years.
new work triggers Chip bottleneck in automotive non-Villach automotive industry, in addition to the existing manufacturing to 60,000 square meters, a new fully automated work for the production of so-called 300-millimeter thin wafers has been raised. The investment costs amounted to 1.6 billion euros. After two years of construction, the work is now ready for three months earlier than planned. The first wafers should still leave the factory this week. The semiconductors are then used in electric cars, data centers and in solar and wind energy. The capacity planned for industrial semiconductors rich in the equipment of solar systems, which could produce electrical energy per year in total more than 1500 terawatt hours - this corresponds approximately to three times annual power consumption in Germany.
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At Infineon, you are pleased with the completion. "When the decision was made for the construction in mid-2018, we were still smiled and now all want to build," said Infineon-Austria-boss Sabine Herlitschka. The reason for this is the huge demand, but such a high-tech work can not be built from one day on the other. The current chip deficiency in the automotive industry, however, does not solve the new work according to the manager: Finally, power semiconductors are manufactured in Villach and not the microprocessors that are required in the car industry.
In early Xetra trade, it was still up for the Infineon share, but at the end, it lost 1.45 percent to 36.80 euros.
/ RUC / DP / Nasvillach / Neubiberg (DPA-AFX / Reuters)
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