
European Commission approves €920m funding package for new Infineon German chip fab
Front-end facility due to be fully operational by 2031
Front-end facility due to be fully operational by 2031
Company planning to invest $5.5bn in the region over five-year period
Form part of company’s cost-saving plan ‘Step Up’
New 8kW offering will be available in 2025
New company will initially focus on automotive and IoT