# Vishay to invest €300M in new chip fab in Itzehoe, Germany

US chipmaker Vishay plans to invest approximately €300 million to expand its chip production in Itzehoe, Germany. Construction of the new fab is expected to start in 2023, creating 150 new jobs in the first phase.

- Type: Expansion
- Announced: 2022-07-25
- Where: Itzehoe, Schleswig-Holstein, Germany
- Value: $305.0M (300.0M EUR)
- Jobs: 150
- Status: announced
- Products: semiconductor components, chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Vishay](https://endata.com/companies/64343.md)

## Sources

- [sueddeutsche.de](https://www.sueddeutsche.de/wirtschaft/itzehoe-vishay-investiert-300-millionen-euro-in-neue-chipfabrik-dpa.urn-newsml-dpa-com-20090101-220725-99-149636), 2022-07-25: "Die Produktionserweiterung zielt darauf ab, den zukünftigen Bedarf der Automobilindustrie zu decken."

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