Infineon said recently that it is buying real estate from Unisem Group to expand its existing packaging and testing business in Indonesia and focus more on the assembly and testing of automotive products.

The report pointed out that the new plant will be close to Infineon's existing production base in Batam, Indonesia, and is expected to start production in 2024, which will double Infineon's production in Batam.

"Given the increasing demand for automotive semiconductors and the benefit of our customers, this purchase enables us to add packaging and testing capabilities faster than building a new factory," said Thomas Kaufmann, Chief Operating Officer of Infineon Automotive.