Nexperia to invest $700M in European fabs and Asian assembly sites

Nexperia will spend $700 million over 12-15 months on its European wafer fabs in Hamburg and Manchester, Asian assembly factories, and global R&D sites. The investment will boost manufacturing capacity by 20% in Hamburg and 10% in Manchester by mid-2022.

“The $700 million investment will ensure that we continue to provide the technology and manufacturing capacity needed to deliver products in volumes that support increasing demand.”eenewseurope.com

• 2 sources
• eenewseurope.com$700m boost for Nexperia fabs in Hamburg and Manchester ...Nick FlahertyJun 17, 2021
• eepower.comNexperia Invests $700 Million in Wafer Production - NewsShannon CuthrellJul 2, 2021

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