Mar. 24, 2023 /SemiMedia/ -- According to reports, Vishay invested 370 million euros to start further expansion of its existing factory in Schleswig-Holstein, Germany.

Although production is not scheduled to start until 2026, the company is already looking for employees and will create around 150 jobs in total in the area around Hamburg.

Vishay plans to use the three-year period from 2023 to 2026 to cultivate technical talents while building the factory.

The investment will initially be used to build a completely new manufacturing facility. A new clean room will be built here to create capacity for the production of microchips.

Vishay's existing facility in the region was built in 1996 and it primarily produces 200mm wafers. The current expansion is aimed at producing 300mm wafers.