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Infineon received €920 million in subsidies from the German government for its Smart Power Fab expansion in Dresden, adding Factory Module 4. The company is investing €5 billion in the project, which will create up to 1,000 jobs and produce 300-millimeter wafers, with production expected to start in 2026.
“The final funding approval for our Smart Power Fab is an important milestone for us as a company and is a clear signal to the European semiconductor ecosystem.”electrive.com
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