Infineon opens Austria plant early in chip capacity boost

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VILLACH, Austria, Sept 17 (Reuters) – Germany’s Infineon (IFXGn.DE) opened a 1.6 billion euro ($1.9 billion) plant in Austria on Friday, boosting its ability to supply power chips for cars, data centres and renewable power.

Infineon is adding capacity as global semiconductor supply chains remain under extreme stress, with most leading carmakers being forced to idle production due to chip shortages.

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