EU approves €319 million in state aid to Austrian 'first of a kind' next generation semiconductor factory

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The European Commission has approved €319 million in state aid for Infineon Technologies to upgrade its semiconductor facility in Villach, Austria. The project is intended to create the world’s first high-volume manufacturing site for next-generation semiconductors.

The European Commission has approved Austria’s state-aid grant to Infineon Technologies to upgrade its existing semiconductor facility in Villach, Carinthia, and make it the world’s first high-volume manufacturing facility for next generation semiconductors.