From left to right: Mr. Jason Chae (Vice President of the Semicon Strategy Group at Hyundai Motor Company), Mr. Heung Soo Kim (Executive Vice President and Head of Global Strategy Office at Hyundai Motor Group), Mr. Peter Schiefer (President of Infineon’s Automotive Division), Mr. Peter Schaefer (Executive Vice President, Sales, Marketing and Distribution of Infineon’s Automotive Division)
“Infineon stands as a valued strategic partner, boasting steadfast production capabilities and distinct technological prowess within the power semiconductor market,” said Heung Soo Kim, Executive Vice President and Head of Global Strategy Office (GSO) at Hyundai Motor Group. “This partnership not only empowers Hyundai Motor and Kia to stabilize its semiconductor supply but also positions us to solidify our leadership in the global EV market, underpinned by our competitive product lineups.”
“The future car will be clean, safe and smart and semiconductors are at the heart of this transformation. As a trusted partner, we are proud to advance our long-term partnership with Hyundai/Kia,” said Peter Schiefer, President of Infineon’s Automotive Division. “We contribute premium products of high quality, our system knowledge and application understanding combined with continued investments in manufacturing capacity to address the increasing demand for automotive power electronics.”
Infineon’s power semiconductors are key enablers for the transition to electromobility. This transition will lead to strong market growth for power semiconductors, especially those based on wide bandgap materials like SiC. With the significant expansion of its Kulim fab, Infineon will build the world’s largest 200-millimeter SiC power fab and further strengthen its market-leading role as a high-quality, high-volume supplier to the automotive industry. In line with Infineon’s multi-site strategy, the Kulim facility will complement Infineon’s current manufacturing capacity in Villach, Austria, and further capacity expansions in Dresden, Germany.
Hashtag: #infineon #Hyundai #siliconcarbide #SiC #Kulim
https://www.linkedin.com/company/infineon-technologies/
https://www.facebook.com/InfineonThe issuer is solely responsible for the content of this announcement.
About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).
Infineon is at the core of the transformation of the automotive industry towards sustainable mobility. Further information on Infineon’s mobility solutions is available at 
www.infineon.com/mobility
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