Infineon executive urges Europe to build larger, automated fabs [Yahoo! Finance]
INFINEON TECHS AG S/ADR (IFNNY)
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Source: Yahoo! Finance
wafer fabs to ?counter growing competition from Chinese rivals in power and analog chips, ?an Infineon Technologies executive said last Friday. Speaking at a conference for semiconductor industry executives in ?Poland, Thomas Altenmueller, Vice President Manufacturing Analytics at Infineon, said that Chinese manufacturers were rapidly gaining capacity and expertise in areas historically dominated by European chipmakers. "They are learning fast. They have the capacity," Altenmueller said. "It is super ?serious." Altenmueller said the shift toward ?power and analog chips by Chinese companies was pushed by export restrictions on more advanced semiconductor tools like ASML's ?EUV lithography machines. EUROPE MUST SCALE UP AND CONSOLIDATE OPERATIONS Europe must scale up and consolidate its operations, utilising automation, particularly with modern 300-millimetre wafer fabs to increase ?economy ?of scale and lessen the impact of ?higher labour costs, Altenmueller said. At ?the s
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