Infineon considers shifting more chip capacity to US

Lansheng Technology News: Infineon, the world's largest supplier of silicon carbide chips for vehicles, said it is considering transferring more production capacity to the United States to better comply with the recently passed legislation aimed at boosting the US semiconductor industry. Last year, 11% of Infineon's revenue came from the United States, while 29% of its revenue came from mainland China.

Peter Wawer, head of Infineon's environmental technology division, said the company was reviewing the Inflation Reduction Act's requirements related to the value of U.S.-made goods. "We need to make sure that we comply with these rules and requirements," Wawer said. "We don't want to be excluded from critical business because we don't have a certain value share in the United States."

Currently, Infineon already has 7 manufacturing bases in the United States and 1 manufacturing base in Mexico, thanks in large part to the company's acquisitions over the past 10 years, such as the $3 billion acquisition of International Rectifier in 2015. , and in 2019 spent $9 billion to acquire rival Cypress Semiconductor. Wawer revealed that Infineon is currently satisfied with its production footprint in the United States, but in the future the company "may need to transfer a certain amount of products or production capacity to the United States."

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