Infineon Technologies : to expand existing backend operations in Indonesia
April 12, 2022 at 04:31 am EDT
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Infineon to expand existing backend operations in Indonesia
Apr 12, 2022| Business & Financial Press
Munich, Germany, and Batam, Indonesia - 12 April 2022 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) expands its existing backend operations in Indonesia: PT Infineon Technologies Batam to purchase real estate from PT Unisem, a member of Unisem Group. The premises close to Infineon's existing backend manufacturing site include manufacturing buildings that will double Infineon's production area in Batam when fully operational. In the course of this expansion, Infineon's Batam site will increase its focus on the assembly and test of automotive products.
"Infineon is making another step in strengthening its global operations network. We are committed to investing into continued structural growth and to strengthen the resilience of our supply chain," said Alexander Gorski, Executive Vice President and responsible for Infineon's global Backend Operations. Dr. Thomas Kaufmann, Executive Vice President and COO of Infineon's Automotive Division, said: "In view of increasing demand for automotive semiconductors and to the benefit of our customers, this purchase is allowing us to add backend capacities faster than with the greenfield construction of a new site".
Production is expected to start in 2024. The expansion in Batam is part of Infineon's long-term investment strategy, which foresees investments of approximately €2.4 billion for the 2022 fiscal year. PT Infineon Technologies Batam is a backend manufacturing site and employs over 2,000 employees. It is located within the Batamindo Industrial Park and part of the Indonesia-Singapore-Malaysia growth triangle.
About Infineon
Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. With around 50,280 employees worldwide, Infineon generated revenue of about €11.1 billion in the 2021 fiscal year (ending 30 September).
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). Further information is available at www.infineon.com
This press release is available online at www.infineon.com/press
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INFXX202204-068
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Infineon will double its production area in Batam, Indonesia, with a property purchase from Unisem.
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Infineon Technologies AG published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2022 08:30:10 UTC.
Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems;
- other (0.1%).
Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).