Infineon has officially announced the opening of a new manufacturing facility in Cegléd, Hungary, to meet the demand for power semiconductor modules that help the electrification of vehicles and enable green energy for wind turbines, solar modules, and energy-efficient industrial drives.

Infineon said the first products have been delivered in the past few months. Complementing the existing plant in Cegléd, the new production facility will produce power semiconductor modules for Infineon's Automotive (ATV) division to facilitate the development of electric vehicles and provide additional capacity for Infineon's Industrial Power Control (IPC) division.

With an investment of 100 million euros, the new fab is expected to create 275 jobs and employ around 1,600 people.