Infineon starts final phase of Smart Power fab in Dresden
Saxony's Prime Minister Michael Kretschmer hands over the last outstanding building permit for the construction project
Infineon is on schedule with the construction of its Smart Power Fab in Dresden and starting the final construction phase. The fab represents a total investment of €5 billion,
During a visit, the Prime Minister of the Free State of Saxony, Michael Kretschmer, handed over the last outstanding building permit for the new fab issued by the State Directorate of Saxony.
The excavation of the building pit has now been completed. The shell and building construction are currently progressing on the concrete foundation, which is up to two metres thick. Infineon officially broke ground for the new plant in Dresden in May 2023. Manufacturing is scheduled to start in 2026.
As part of the European Commission's goal to increase the EU's share of global semiconductor production to 20 percent by 2030, the semiconductors manufactured in Dresden will help secure future value chains in key European industries, according to Infineon. The products manufactured in the new production facility will be used in the automotive and renewable energy industries.
"The construction of the Smart Power Fab is a big win for Dresden, Saxony, Germany and Europe," said Kretschmer "Infineon's fourth production module in Dresden is another important building block in strengthening Europe's resilience in the field of microelectronics. It is a further step towards achieving the European Commission's goal of increasing Europe's share of global chip production to 20 percent. Thanks to a thoughtful cooperation between the company, the Free State of Saxony, the local authorities, and the federal government, it has been possible to get the investment off the ground and to issue the relevant permits quickly. As a result, the semiconductors that we urgently need for the mobility and energy transition can be produced in the new fab starting in 2026."
"We are making excellent progress with the construction of our state-of-the-art Smart Power Fab in Dresden. We are right on schedule also thanks to the excellent cooperation with the authorities," says Rutger Wijburg, member of the management board and COO of Infineon. "With our strategic decision to continue investing in Dresden, we are securing the long-term future of the site and strengthening the manufacturing base for semiconductors in Europe."
The investment in Dresden is part of the company’s strategy to reach CO2-neutrality by 2030. It will also create an additional 1,000 jobs in the Saxon state capital. The company currently employs approximately 3,250 people in Dresden. T
Subject to the European Commission's state aid decision and the national grant procedure, the project is to be funded in accordance with the objectives of the European Chips Act. Infineon is aiming for public funding of around €1B.
