In Villach, Infineon invests 1.6 billion euros in the construction of a new semiconductor factory. The company plans to produce power semiconductors there in a fully automated production facility on 300-millimeter thin wafers. The start of production is scheduled for early 2021. In addition to the production line, the investment volume also includes a building complex for research and development, which will provide jobs for approximately 600 semiconductor experts.
Infineon's new acquisition Siltectra fits nicely into the chip giant’s power semiconductor landscape: The start-up company has an innovative technology for processing silicon carbide (SiC) wafers. With this process, called Cold Split, the number of components per wafer can be doubled.
At the same time, Infineon presented its figures for the past quarter. For the first time, the chip manufacturer generated more than 2 billion euros in a single quarter. The operating result rose from 319 million euros in the previous quarter to 370 million euros now. For the 2018/19 fiscal year, Infineon forecast an increase in sales of 9 to 13 percent. In the past fiscal year, sales increased by 8 percent to 7.6 billion euros, exceeding both Infineon's own targets and the expectations of the analysts surveyed by Reuters.