Infineon Technologies Austria AG

Type
Business expansion
Country
Austria
Region
Westösterreich; Oberösterreich; Linz-Wels
Location of affected unit(s)
Linz
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26.1 - Manufacture of electronic components and boards
26.11 - Manufacture of electronic components
220 jobs
Number of planned job creations
Job creation
Announcement Date
5 April 2019
Employment effect (start)
5 April 2019
Foreseen end date
31 December 2020

Description

The Austrian subsidiary of the German semiconductor manufacturer Infineon Technologies Austria has announced to create 220 new jobs at this research and development center in Linz. The research center ('DICE') is developing high-frequency parts for driver assistance systems. Currently, DICE holds 180 employees; 85 per cent of them are academics. Infineon invests €30 million to expand the site and by the end of 2020 additional 220 employees will be hired. The company is relying on the supply with qualified employees from the local Johannes Kepler University (Linz) as well as the nearby University of Applied Sciences in Hagenberg.

Sources

Citation

Eurofound (2019), Infineon Technologies Austria AG, Business expansion in Austria, factsheet number 97662, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97662.