Hyundai Motor Company, Kia Corporation and Infineon sign multi-year supply agreement for power semiconductors

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)

"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

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References

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