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Company Information 
 
Leoben - 
 
* AT&S, a world leader in the high-tech microelectronics industry, will invest 
  500 million euros in the Leoben location over the next few years 
* New R&D center - production expansion for small series and prototypes 
* A total of up to 700 new employees will be hired 
 
Leoben, 15 October 2021 - In view of the ongoing boom in demand in the 
microelectronics sector and ever-new performance requirements for electronic 
systems, AT&S has decided to put an even stronger focus on research and 
development. Therefore, the company is investing in a new R&D center for 
substrate and packaging solutions for the global semiconductor industry at its 
location in Leoben-Hinterberg. In addition, another technology upgrade of the 
production facilities will be implemented. The investments totaling EUR 500 
million are planned up to 2025. The investment total includes previously 
communicated investments in a technology upgrade and the new AT&S office 
building. 
 
"Leoben is the central hub of AT&S. Starting here, AT&S has grown to become a 
global group and today is one of the key players in the high-end printed circuit 
board and IC substrate business," says Hannes Androsch, Chairman of the AT&S 
Supervisory Board. "While we invest heavily in other countries and only recently 
announced our new location in Kulim/Malaysia, it is exactly these investments in 
Asia that not only secure our locations and their employees, but also ensure 
that the site in Leoben is expanded and around 700 highly qualified jobs are 
being created." Precursors for IC substrates are already produced in Leoben 
today and subsequently further processed into high-end final products at the 
facilities in Chongqing/China and in the future also in Kulim/Malaysia. To meet 
the growing demand, the production facilities are upgraded and an additional 
production building of roughly 18,000 m2 will be built. 
 
An essential part of the investment will also be used for a new research center 
including the production of small series and prototypes. With the new, state-of- 
the-art R&D center, AT&S addresses both customers in the high-end semiconductor 
segment and international research institutions. "The technologies used here are 
unparalleled in Europe and give AT&S a unique selling proposition on the 
market," says AT&S CEO Andreas Gerstenmayer. Research and development at this 
level of technology will enable us to offer our customers innovative solutions 
for future product generations even more proactively and to take on a pioneering 
role in the industry. 
 
 
 
"In addition, this investment is a clear commitment to the location in Leoben 
and will make a contribution to a competitive microelectronics industry in 
Europe." This AT&S project conforms with the European Chip Act, which was 
announced by Ursula von der Leyen, President of the European Commission, in mid- 
September. The goal is to jointly create a European state-of-the-art chip 
ecosystem in order to safeguard security of supply in Europe and to develop new 
market for European breakthrough technologies. 
 
The investment now announced will also go hand in hand with a significant 
increase in the number of employees at AT&S. An additional 700 employees will be 
required by 2025, including engineers in various disciplines, specialists and 
university graduates for business and technical fields as well as qualified 
skilled workers. 
 
The Minister of Economic Affairs Margarete Schramböck underlines the importance 
of the investment for the Austrian location: "We need a location that offers 
Austrians economic security for the next generations. We achieve this by 
investing in modern, digital key industries that offer jobs, enhance regions and 
thus strengthen the location in the long term. AT&S is doing all of this with 
the planned investment. As a federal government, we have succeeded in supporting 
this investment financially with the help of the IPCEI Microelectronics and thus 
investing in one of the most important future industries. " 
 
"With this investment, AT&S underlines Styria's position as one of the leading 
regions in innovation and research in Europe. The positive development of 
microelectronics as one of our economic strengths is also inseparably linked 
with the company. By now, 80 percent of the value added in Austria in this 
sector is generated in the south of the country. The further expansion of AT&S 
in Leoben is therefore an invaluable asset for Styria as a business location", 
says Barbara Eibinger-Miedl, Minister for Economic Affairs of the Styrian 
Provincial Government. 
 
 
 
Further inquiry note: 
Gerald Reischl, Director Communications & Public Relations 
Tel: +43 3842 200 4252; Mobile: +43 664 8859 2452; g.reischl@ats.net 
 
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft 
Fabriksgasse 13 
8700 Leoben / Österreich 
www.ats.net 
 
 
end of announcement                         euro adhoc 
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(END) Dow Jones Newswires

October 15, 2021 07:02 ET (11:02 GMT)