+1-888-308-5802     
Industry Categories News Contact Us

Infineon unveils new semiconductor plant, acquires SiC startup

Author : Saif Ali Bepari | Published Date : 2018-11-13 

Germany-based leading semiconductor solutions manufacturer Infineon Technologies AG has reportedly laid the foundation stone for its new semiconductor facility in Villach, Austria. As per trusted sources, the company has further acquired a Dresden-based start-up Siltectra to fortify its technological leadership in the power semiconductor domain.

Reportedly, Infineon has invested 1.6 billion euros in the Villach facility. In addition to a new manufacturing line, the company would build a complex dedicated toward research and development. Moreover, it would manufacture power semiconductors in a fully automated production plant on 300-millimeter thin wafers. In an environment characterized by supply bottlenecks and economic slowdown, the facility is expected to create 600 jobs for semiconductor experts, state people familiar with the development.

According to a press release by Infineon, Siltectra has created an innovative technology (Cold Split) to treat crystal material with minimal loss of substance and much more efficiency. The startup would utilize the new technology to split silicon carbide (SiC) wafers. Reportedly, Cold Split can double the number of components per wafer as well.

Chief Executive Officer of Infineon, Dr. Reinhard Ploss was reportedly quoted stating that the takeover would assist the company in expanding its product range with the latest material silicon carbide as well. The higher number of SiC wafers, courtesy the Cold Split technology, would make the re-designing of SiC products of Infineon much easier. The company’s unique know-how and system understanding on thin wafer technology would be complemented by the innovative capacity and the Cold Split technology of Siltectera, Ploss further added.

As per the financial results declared by Infineon, the company garnered more than 2 billion euros in a single quarter for the very first time. Exceeding the expectations of analysts and Infineon’s own targets, sales improved by 8 percent to 7.6 billion euros in the previous fiscal year. The company has projected an increase of 9 to 13 percent in sales revenue for the 2018-19 fiscal year, cite sources.

About Author

Saif Ali Bepari

Saif Ali Bepari

Saif currently works as a content writer at Algosonline. A Computer Science graduate who has a zest for writing over coding, commenced his journey in the writing industry as a freelancer. Having had a prior freelance experience, he has tinkered with creative writing, technical writing, blog writing, editing, and copywriting. An ambivert by nature, his hobbies include reading, gymming, and taking long walks.

He can be contacted at- [email protected] | https://twitter.com/Saif_B17

Related News

Rockwell Automation seeks to acquire good Indian engineering companies

Published Date: 2018-11-15         Author: Saif Ali Bepari

Rockwell Automation, Inc., an American information products and industrial automation company, has reportedly announced its intention to acquire good systems integrators and engineering companies in India. Reports cite, the Milwaukee-based company is also looking to expand its operations and work... Read More

Eskom unveils groundbreaking demo solar microgrid project in Ficksburg

Published Date: 2018-11-06         Author: Saif Ali Bepari

South African electricity public utility company Eskom has reportedly announced the launch of a ground-breaking solar energy microgrid project at the Wilhelmina Farm in the town of Ficksburg. The project, that was being developed and tested over a 16-month period, attained success in delivering e... Read More

Subsidiaries of Origin and Shell sign pipeline agreement in Australia

Published Date: 2018-11-05         Author: Saif Ali Bepari

Shell’s Queensland Curtis LNG and Origin’s Australia Pacific LNG have reportedly inked a pipeline deal that would open up new supplies from a Queensland gas field by the year 2024. As per trusted sources, the agreement would pave the way for more gas that can be provided to the east coas... Read More

© 2018 Fractovia. All Rights Reserved