The European Commission has approved, under EU State aid rules, a €920 million German aid measure for the construction of a new semiconductor manufacturing plant in Dresden. The measure will allow Infineon to complete the MEGAFAB-DD project which will be able to produce a wide range of different types of chips. This new manufacturing plant will bring flexible production capacity to the EU and thereby strengthen Europe’s security of supply, resilience and technological autonomy in semiconductor technologies, in line with the objectives set out in the European Chips Act Communication and the Political Guidelines for the European Commission 2024-2029.
Commission approves €920 million German State aid measure to support Infineon in setting up a new semiconductor manufacturing facility
