# Infineon breaks ground on HUF 32 billion plant in Cegled, Hungary

Infineon Technologies laid the cornerstone for a new semiconductor facility in Cegled, Hungary. The HUF 32 billion investment will create 275 jobs and production is expected to start at the end of 2021.

- Type: New facility
- Announced: 2019-09-30
- Where: Cegled, Hungary, Hungary
- Value: $106.0M (32.0B HUF)
- Jobs: 275
- Starts operating: 2021
- Status: under construction
- Products: semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Infineon Technologies AG](https://endata.com/companies/15717.md)

## Sources

- [telecompaper.com](https://www.telecompaper.com/news/infineon-lays-cornerstone-of-new-plant-in-hungary--1310627), 2019-10-02: "Infineon Technologies inaugurated the start of the construction of its new facility in Cegled, Hungary, on 30 September."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
