Chip factory in Saxony: Why Infineon is investing billions in Dresden – Economy

It is a race that costs a lot of money and is controversial: the governments in Europe, the USA and Asia are courting the establishment of new chip factories with high subsidies. Right at the forefront: Saxony.

On the small meadow opposite office building number 15, the workers are working feverishly: they clear the ground, set up a large temporary tent, erect fences and entrances. At the beginning of next week, something big is supposed to happen here, on the site of Infineon’s semiconductor plant on the northern outskirts of Dresden. The ground-breaking ceremony for one of the largest investments in the history of Saxony is to be celebrated with many celebrities. Infineon wants to build a new chip factory for five billion euros – a project that is causing a stir throughout Europe.

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