Flexible Electronics News

ams OSRAM Receives EU Approval for €227 Million Investment

Grant will be used for its semiconductor manufacturing facility in Austria.

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

The European Commission approved funding for a semiconductor manufacturing facility for ams OSRAM AG under the European Chips Act. The official funding approval from the Austrian Ministry of Economy and Labor, which is responsible for the payment of the funding, is now expected shortly.

ams OSRAM plans to use the funding of up to €227 million approved by the European Commission to sustainably strengthen the development and production site in Premstaetten. In total, the company plans to invest €567 million in the project by 2030, when full production will begin at the headquarters in Styria.

“We are pleased that the European Commission has approved Austrian state aid under the European Chips Act to expand our semiconductor manufacturing in Premstaetten,” said Aldo Kamper, CEO of ams-OSRAM AG. “The financing is part of ams OSRAM’s important investments in Austria in new generations of innovative microchips for medical and automotive applications.

“The first fab of its kind for next-generation optoelectronic sensors is a key cornerstone of our growth strategy,” added Kamper. “In line with the objectives set out in the European Chips Act, it will strengthen Europe’s security of supply and technological autonomy in the field of semiconductor technologies. We are grateful for the support we have received from both the Austrian government and the European Commission.”

The new plant at the production site in Premstaetten is intended to further expand the leading role of the Austrian semiconductor industry. In the future, the semiconductor manufacturing facility will produce highly differentiated next-generation optoelectronic sensors that are qualified for applications in medical technology and the automotive in-dustry.

In addition, the production of products for industry or for use in consumer goods is planned. The construction of the additional cleanroom at the Premstaetten site, with an area of 1,800 square meters for CMOS production, will also double filter capacity and in-crease TSV capacity by a factor of four.

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters