The European Commission has approved Austria’s €319 million state-aid grant to Infineon Technologies to upgrade its semiconductor facility in Villach, Carinthia, into a next-generation production site. The project is described as the world’s first high-volume manufacturing facility for next-generation semiconductors, strengthening Europe’s strategic autonomy in critical chip manufacturing. (EURONEWS)
EU approves €319 million in state aid to Austrian 'first of a kind' next generation semiconductor factory
The European Commission has approved Austria’s state-aid grant to Infineon Technologies to upgrade its existing semiconductor facility in Villach, Carinthia, and make it the world’s first high-volume manufacturing facility for next generation semiconductors.
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