Infineon Technologies (Korea CEO Seungsoo Lee) has launched a new plant focused on the assembly and testing of high-power semiconductor modules for electric vehicles, responding to growing demand for these products.

Infineon announced on the 7th that its new plant in Cegled, Hungary, has started operation.

This plant focuses on the assembly and testing of high-power semiconductor modules for electric vehicles.

Electric vehicles are expected to play a key role in reducing global CO2 emissions. Infineon has also invested in expanding its production capacity for high-power modules that enable green energy, ranging from wind turbines and solar modules to energy-efficient drives.

“Infineon is focusing on long-term growth potential. Decarbonization and digitalization are driving demand for our semiconductor solutions,” said Rutger Wijburg, COO of Infineon. “Cegled is already playing a significant role in the transition to green energy. “The new plant will help meet the growing demand for electric vehicles,” he said.

He continued, "Infineon has continued to invest in the future growth potential of e-mobility. Today, Infineon is positioned as a key semiconductor company for the transition to green energy."

The growth of e-mobility is expected to accelerate further. By 2027, vehicles with fully or partially electric drivetrains are expected to account for more than 50 percent of new vehicle production.

Since its founding, Infineon has invested in Hungary, investing €100 million in the new plant and receiving some subsidies from the Hungarian government.

As the world's leading power semiconductor company, Infineon provides solutions for expanding the adoption of renewable energy and efficiently storing and using green electricity.

As a global leader in automotive semiconductors, Infineon is also spearheading the development of electric vehicles. One in two electric and hybrid vehicles produced in 2021 used Infineon semiconductors in their inverters.

Once the new plant is fully operational, the number of employees at the Chegled plant is expected to increase by 275, bringing the total to approximately 1,600.