Germany Approves €920 Million State Aid for Infineon's Dresden Chip Plant

Infineon Secures €920 Million State Aid for Dresden Semiconductor Plant

The European Commission has granted approval to a €920 million German state aid package for Infineon, supporting the construction of a new semiconductor manufacturing facility in Dresden.

The aid will enable Infineon to complete its MEGAFAB-DD project, designed to produce a diverse range of semiconductor chips. The facility will enhance Europe's semiconductor manufacturing capacity and contribute to addressing the ongoing chip shortage.

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Germany Approves €920 Million State Aid for Infineon's Dresden Chip Plant

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