Vishay investing EUR 300 million in Hamburg Metropolitan Region
U.S. semiconductor manufacturer Vishay plans to expand chip production in Itzehoe and build a factory on a three-hectare site at a cost of EUR 300 million. In 2015, Vishay relocated production of its metal oxide semiconductor field effect transistors (MOSFETs) for motor vehicles from the United States to Itzehoe. The electronic parts are used to control current flows.
"The expanded production should meet the needs of the automotive industry in future as Vishay has a solid customer base in Germany and Europe," said Martin Schneider, Vishay's Project Manager. The company expects above-average growth thanks to the development of electro mobility and the expanded charging infrastructure. The agreement will boost Itzehoe as a centre of technology and innovation. Vishay is expected to create around 150 new jobs during the first phase of expansion, which may also lead to more jobs at suppliers in the region.
Semiconductor parts for automotive, industrial and electronics
Vishay Siliconix Itzehoe GmbH employs over 470 staff and produces semiconductor parts for use in the automotive and industrial sectors as well as consumer electronics. Its customers include Siemens, LG, Philips and Dell. Vishay works with the Fraunhofer Institute for Silicon Technology (ISIT) in Itzehoe and specializes in the development, production and integration of microelectrocmechanical components.