The project will use existing cleanrooms and move this production to 300-millimetre wafers. Infineon announces a start by the end of 2027, followed by a ramp-up aligned with demand. This is a planned timetable, not a facility already operating.
These components switch and convert electricity, with applications including data centres, energy infrastructure and electric mobility.
The European approval concerns an Austrian grant; it does not mean €319 million has been paid. Infineon says the Austrian ministry's formal funding commitment is still awaited. Associated commitments include broader cooperation with smaller businesses and researchers, as well as training activities.