Infineon Technologies AG

Type
Business expansion
Country
Germany
Region
Sachsen; Dresden; Dresden, Kreisfreie Stadt
Location of affected unit(s)
Dresden
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
27.9 - Manufacture of other electrical equipment
27.9 - Manufacture of other electrical equipment
100 jobs
Number of planned job creations
Job creation
Announcement Date
11 May 2018
Employment effect (start)
11 May 2018
Foreseen end date

Description

The German microelectronics producer Infineon Technologies AG has announced it will open a new development centre in Dresden which will create 100 new jobs this year. The centre will focus on new products and solutions for the automobile industry and artificial intelligence.

In the long-term, Infineon plans to increase the number of employees at the development centre to 250. A timetable for this has not yet been announced.

Currently, Infineon has 37,500 employees worldwide and 2,200 in Dresden.

Sources

  • 11 May 2018: Infineon - Press release
  • 11 May 2018: Sächsiche Zeitung (online)

Citation

Eurofound (2018), Infineon Technologies AG, Business expansion in Germany, factsheet number 94172, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/94172.