Infineon Technologies invests USD 160 million to expand capacity and R&D in Malaysia
This investment is another step by Infineon to expand its presence in Asia and to integrate more tightly into local market structures. In the fiscal year 2010, Infineon generated 42 percent of its revenues in the Asia region including Japan. “In order to be successful in Asia you have to do more than just business. It is about recognizing the culture and becoming a part of society. We aim to create local value added, contribute knowhow and employ and groom talents,” says Peter Bauer, CEO of Infineon Technologies AG.
In recent years, Asia has developed into a key market for global semiconductor sales. Infineon continuously expands its Asian business. In January, Infineon opened a new entity in Beijing, China, called Infineon Integrated Circuits (Beijing) Co., Ltd. In addition to sales and marketing, application R&D and central functions, the new entity houses a technical center for automotive solutions and an IGBT stacks manufacturing facility. IGBTs (Insulated Gate Bipolar Transistors) are power semiconductors used for instance to drive electric motors in cars or high-speed trains and in renewable energy generation systems.
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