AT&S in €500m expansion

AT&S in €500m expansion

Business news |
By Nick Flaherty

AT&S is to invest €500m in a new R&D center for substrate and packaging solutions for the global semiconductor industry at its location in Leoben-Hinterberg in Austria.

This will include a technology upgrade of the production facilities over the next four years and a new office building, with 700 new staff.

AT&S is aiming for the project to be part of the European Chip Act, announced by Ursula von der Leyen, President of the European Commission, in mid-September. The goal is to jointly create a European state-of-the-art chip ecosystem in order to safeguard security of supply in Europe and to develop new market for European breakthrough technologies.

“Leoben is the central hub of AT&S. Starting here, AT&S has grown to become a global group and today is one of the key players in the high-end printed circuit board and IC substrate business,” says Hannes Androsch, Chairman of the AT&S Supervisory Board.

“While we invest heavily in other countries and only recently announced our new location in Kulim/Malaysia, it is exactly these investments in Asia that not only secure our locations and their employees, but also ensure that the site in Leoben is expanded and around 700 highly qualified jobs are being created.”

Precursors for IC substrates are produced in Leoben and then processed into final products at the facilities in Chongqing/China and in the future also in Kulim/Malaysia. To meet the growing demand, the production facilities are upgraded and an additional production building of roughly 18,000 m2 will be built. The research centre will include production of small series and prototypes.

“The technologies used here are unparalleled in Europe and give AT&S a unique selling proposition on the market,” said Andreas Gerstenmayer, CEO of AT&S. “Research and development at this level of technology will enable us to offer our customers innovative solutions for future product generations even more proactively and to take on a pioneering role in the industry. In addition, this investment is a clear commitment to the location in Leoben and will make a contribution to a competitive microelectronics industry in Europe.”

The move follows the opening of a new wafer fab in Villach, Austria, by Infineon Technologies with backing as an ‘Important project of common European interest’ ( IPCEI). project.

“We need a location that offers Austrians economic security for the next generations,” said , Margarete Schramböck, Minister of Economic Affairs for the Austrian government. “We achieve this by investing in modern, digital key industries that offer jobs, enhance regions and thus strengthen the location in the long term. AT&S is doing all of this with the planned investment. As a federal government, we have succeeded in supporting this investment financially with the help of the IPCEI Microelectronics and thus investing in one of the most important future industries,” she said.

“With this investment, AT&S underlines Styria’s position as one of the leading regions in innovation and research in Europe. The positive development of microelectronics as one of our economic strengths is also inseparably linked with the company. By now, 80 percent of the value added in Austria in this sector is generated in the south of the country. The further expansion of AT&S in Leoben is therefore an invaluable asset for Styria as a business location,” said Barbara Eibinger-Miedl, Minister for Economic Affairs of the Styrian Provincial Government.

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