Börse Express – Inauguration of Infineon's € 1 billion project in Villach



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Saturday in Villach, the ceremony of inauguration of the works
Infineon technology group expansion is taking place. In the
1.6 billion euros will be invested in the years to come
By the year 2021, about 750 additional jobs will be created.
This is the largest private investment project that
there have been some in Austria in recent decades.

The heart of the expansion will be the establishment of a complete system
automated chip factory for the production of
Power semiconductors on thin slices of 300 mm, here only
400 highly qualified jobs need to be created. Will be further
on the site a new building complex for research and development
built.

The investment is based on the Villach site with "speed
growing demand ", which stems from international trends
Climate change or digitization. the
Power semiconductors are included in electric vehicles, for example
networked devices powered by battery, data centers or the
The production of electricity from renewable sources is used.
Power semiconductors are energy-efficient chips and as efficient as possible
control the flow of electricity in different applications.

European Commissioner Mariya Gabriel of the European Commission also attended the inauguration ceremony.
Federal Chancellor Sebastian Kurz (ÖVP), Minister Margarete
Schramböck (ÖVP) and Norbert Hofer (FPÖ) and Governor Peter
Emperor (SPÖ). Where should the Infineon trip go, became the same
clear at the beginning of the event: Gabriel, Short and
Reinhard Ploss, CEO of Infineon, drives into an Audi
There is Elaine, a fully automated machine with electric drive
SUV coupe, the first time on this occasion outside the VW group
has been presented.

"The field of research and development is geopolitical
become a strategic factor, the strength that the 21st century
impressed. Or in other words: who develop the technology and
who determines who – who does not do this, will do it
determined, "said Sabine Herlitschka, Executive Director of
Infineon Technologies Austria, at the very beginning of the event.

European Commissioner Gabriel stressed that investment is above all a
A sign of the good conditions that Austria has for the economy
offer. Microelectronics is a "key to the digital future":
"Europe's global competitiveness comes with this investment
Strengthened. "Chancellor Kurz referred first of all to the
Jobs created by investment. With the
Austria could invest in global competition for the economy
Position key skills.

"For us, it's important to understand that technology belongs to us
Can make life better, "said Infineon CEO
Ploss. Artificial intelligence should not be perceived as a threat:
"If we allow our children to live a viable life
want, then we must use our resources differently. "For
The location of Villach was decided because here is a team
"with boundless energy to overcome obstacles,
works. People who want to make a difference.

Minister of Economic Affairs Schramböck spoke of the consequences, the
the investment will have – starting with the construction companies
to start-ups. "You should not be afraid of scanning,
because you did not have to worry about the steam engine, "said
Minister of Transport Hofer – through the new technologies would also be
new jobs are created. And Governor Kaiser
stressed that investment strengthens Europe and especially the South
Austria and Carinthia thus benefit from a "Turbo Boost" – with the
The inauguration ceremony inaugurates a new chapter in the history of Carinthia.

For Lacher finally made a surprise at the actual
Inauguration ceremony: the guests of honor were joined by a
The robot "Panda" equipped with a shovel supports the activities
imitates them and learns them by doing so./pel/pn/APA/mis

    ISIN DE0006231004

AXC0034 2018-11-11 / 20: 19

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