Infineon Austria's 2023 financial year was marked by significant achievements in decarbonization and digitalization, driving growth across various aspects of the business. Here are the key highlights:
Financial Performance:
- Revenue increased by seven percent to 5.6 billion euros, demonstrating a healthy growth trend.
- Earnings before taxes saw a substantial rise, amounting to 835 million euros, reflecting a notable 26 percent increase compared to the previous year.
- Investments totaled around EUR 628 million, with a majority allocated to power electronics as a lever for decarbonization and digitalization.
Strategic Investments:
- The focus on decarbonization and digitalization was evident through investments in the development and production of technologies aimed at enhancing energy efficiency and environmental friendliness.
- Notably, investments were directed towards the production of 300-millimeter power semiconductors based on silicon and new semiconductor materials such as silicon carbide (SiC) and gallium nitride (GaN).
Research and Development:
- Infineon Austria significantly expanded its expenditure on research, development, and innovation, reaching 672 million euros in the 2023 fiscal year, demonstrating a 15 percent increase compared to the previous year.
- The company continued to emphasize the integration of research and production, particularly in the development and production of chips based on SiC and GaN as pioneering materials for more efficient power semiconductors.
Workforce and Expansion:
- The workforce grew with the addition of 425 employees, reflecting an increase of around eight percent. Over the last two financial years, over 1,000 employees have been hired, indicating Infineon's status as an attractive employer, particularly in times of a shortage of skilled workers.
- Infineon's commitment to future talent development was evident through the groundbreaking ceremony for a new training and further education center in the Villach Technology Park.
Innovation and Sustainability:
- Infineon Austria opened a new location in Innsbruck, housing a system competence center focused on developing innovative applications for areas such as electromobility, life sciences, renewable energies, and robotics.
- The company made significant strides in sustainability, including initiatives to produce green hydrogen on site and supporting social causes through the Infineon Education Fund, voluntary reforestation initiatives, and employee participation in nature conservation campaigns.
These endeavors underpin Infineon Austria's position as a leading research company in Austria, with a strong emphasis on decarbonization, digitalization, and sustainable technologies, and a commitment to social responsibility.
