New Infineon Site Inaugurated To Produce High-Power Semiconductor Modules - VIDEO REPORT
2022. 10. 06.
German-owned Infineon Technologies celebrated the expansion of its plant in Cegléd, which is Hungary’s biggest semi-conductors manufacturing facility. The EUR 100 million investment that is to create up to 275 jobs allows for the production of high-power semiconductor modules that will be built into the inverters of electric and hybrid vehicles.
Munich-based Infineon Technologies AG is the global market leader for automotive semiconductors. Thanks to its large-scale operation, almost every second electric or hybrid car produced in 2021 uses Infineon semiconductors in the inverter.
The German company is present in 140 countries worldwide, employing more than 40,000 people. Infineon has been operating in Hungary for over 25 years. The semiconductors produced by Infineon’s Hungarian subsidiaries are used in industrial automation and power technology, medical equipment, energy production, transportation and distribution, and also in the field of renewable energy sources.
The inauguration follows almost exactly three years after the foundation stone was laid. The new production capacity is set to fulfil demand for high-power modules that help the electrification of vehicles and enable green energy for wind turbines, solar modules and energy-efficient drives.
As Infineon COO Rutger Wijburg pointed out, the new manufacturing capacities will help Infineon to accommodate the growing demand for electromobility applications with a clear focus on Europe.
Related articles
Sector articles
Feintool, a Swiss-owned leader in precision electrical steel and formed steel components manufacturing, is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant, wi...
2024. 12. 17.
Automotive #AutomotiveChinese electric car manufacturer BYD first Hungarian Suppliers' Forum in Budapest attracted more than hundred domestic companies. At the two-day event, organised by HIPA Hungarian Investment Promotion Agency, Minister of Foreign Affairs and Trade Péter Szijjárt...
2024. 10. 16.
Automotive #AutomotiveSMR Automotive Mirror Technology Hungary Bt., a Motherson Group company, has announced to implement a EUR 33.3 million investment in Hungary. The Indian automotive supplier’s development aims to expand production and logistics capacities and install automation a...
2024. 06. 06.
Automotive #Automotive