Infineon Technologies is investing $300m in an Industry 4.0 smart factory for producing semiconductors in Wuxi. The investment will be used to build a new manufacturing plant that can produce chips with up to 10 billion transistors. Infineon is collaborating with the Wuxi-based internet of things R&D centre of the Chinese Academy of Sciences, and provides one of the ten IoT reference cases in the city with its IoT-enabled facility. The factory will produce ICs and power discrete products for end markets such as automotive, industrial, power management and security card applications.
Infineon Technologies is investing $300m in an Industry 4.0 smart factory for producing semiconductors in Wuxi. Infineon already has one factory operating in the region and the new factory, which will employ 2,500 staff, is scheduled for rollout at the end of 2016. Infineon is collaborating with the Wuxi-based internet of things R&D centre of the Chinese Academy of Sciences, and provides one of the ten IoT reference cases in the city with its IoT-enabled facility. The factory will produce ICs and power discrete products for end markets such as automotive, industrial, power management and security card applications.