Infineon CEO says they are ready to spend billions on acquisitions
The company's chief executive says they have targeted several areas for expansion.
German chipmaker Infineon is ready to spend several billion euros on the right takeover target, according to a report in Reuters. In speaking with the Frankfurter Allgemeiner Zeitung (FAZ), Infineon's chief execut... Read more
Infineon CEO wants EU chip plants to decrease reliance on Asia
Reuters reports that Infineon CEO Jochen Hanebeck supports contract manufacturers developing new European semiconductor plants to decrease his company's dependency on Asian suppliers.
About 15 percent of the German chipmaker's production components currently come from Taiwan. In an interview wit... Read more
Infineon announces plans for a €5 billion chip plant in Dresden
Infineon Technologies plans a new €5 billion chip facility in Dresden, Germany. The chipmaker said the plant will boost its 300-millimeter capacity while strengthening long-term financial ambitions.
Infineon stated that the factory could begin operations in autumn 2026 and support up to 1,000 ... Read more