This content is relevant for:
Electronics & MicrotechnologyIndustries
Your company is already operating in Germany and you would now like to export worldwide?
Electronics & Microtechnology
Germany’s chip production ambitions are helping attract more and larger investment projects as the continent seeks to establish security of supply and technological sovereignty into the future.
US-based semiconductor manufacturer Intel officially announced Magdeburg as the location for its new European semiconductor production facilities in March 2022. It’s the largest-ever foreign direct business investment in the country and in Europe as a whole. Intel will initially spend EUR 17 billion on its new location but could put around EUR 80 billion in its European operations, if it builds all of the construction facilities – or “fabs” – that are planned.
Bosch has invested EUR 1 billion production facility in Dresden. The plant is Europe’s first fully digitalized semiconductor production facility. The project, first announced in 2018, will see auto chips and sensors manufactured at the Saxony site. Bosch received EUR 140 funding for the project as part of the “Important Project of Common European Interest: Microelectronics” initiative.
US chip manufacturer Globalfoundries has announced plans to more than double capacity at its Dresden site – increasing production from 400,000 wafers to more than one million wafers annually. This represents an investment of more than EUR 1 billion.
Infineon plans to invest up to EUR 2.4 billion at its Dresden site over the coming years to meet demand for power electronics in auto, mobile chips for 5G, and industry chips and sensors. The company has submitted proposals as part of the microelectronics IPCE, with the scale of the fourth factory module investment subject to government subsidy commitments.