Infineon to build in China another company

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POSTER: computer news    ||   INFINEON TO BUILD IN CHINA ANOTHER COMPANY	DATE:2015-10-13
The slowdown in the Chinese economy does not seem very confusing to foreign investors.  Moreover, the Chinese government has been actively pulling hands to Western technology.  Accordingly, mutual integration is reinforced, despite political barriers. As reports EE Times, the German company Infineon Technologies announced its intention to build by the end of 2016 its second Chinese company, which will occupy almost 36 thousand square meters in the vicinity of Shanghai.  After reaching its full capacity it will employ 2,500 local residents.  At Infineon already employs 1,800 Chinese - the first venture company operates in Beijing.  German chip maker came to the Chinese market in 1995.  The proximity of production to the main sales market is justified.  Last year, a fifth of the revenue Infineon entered the Chinese market.  On the construction of the new company will spend about $ 300 million. In addition to the traditional products used by Chinese entities LG and Samsung, among others, Infineon will produce solutions for the "Internet of Things" - compact systems with a high degree of integration and a variety of sensors that can transmit information wirelessly with low power consumption. Infineon in China is not only working with local developers and scientists, but also provides consulting services for the automation of production processes.  The presence of leading enterprises in the region, allowing local producers to apply the experience of foreign colleagues on a legal basis.  China now accounts for more than half of the total consumption of microelectronic products.   Related Products :

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