AIXTRON Invests in Italian Manufacturing Site, Eyes Market Growth in Europe

AIXTRON Invests in Italian Manufacturing Site, Eyes Market Growth in Europe

(IN BRIEF) AIXTRON, a semiconductor manufacturing solutions provider, has expanded its European presence by acquiring a production site near Turin, Italy, situated in the Piedmont region. This strategic move aims to bolster AIXTRON’s manufacturing capabilities and prepare for anticipated market growth. The acquisition of the facility, at favorable terms, underscores AIXTRON’s commitment to efficiency and readiness to leverage Italy’s vibrant manufacturing ecosystem. With ties to the region’s strong university and supplier network, the new site complements AIXTRON’s existing facilities in Germany and the UK, positioning the company for further advancements in semiconductor technology and market expansion.

(PRESS RELEASE) HERZOGENRATH, 4-Jun-2024 — /EuropaWire/ — AIXTRON (FSE: AIXA), a leading provider of semiconductor manufacturing solutions, has announced its expansion into Italy with the acquisition of a production site near Turin, situated in the Piedmont region. This strategic move aims to bolster AIXTRON’s manufacturing capabilities in anticipation of future growth opportunities. The new location not only provides access to specialized infrastructure but also establishes ties with the vibrant university and supplier network in the region, complementing AIXTRON’s existing facilities in Herzogenrath, Germany, and Cambridge, UK.

Dr. Felix Grawert, CEO and President of AIXTRON SE, highlighted the significance of the Italian expansion in meeting market demands and envisioned a substantial portion of AIXTRON’s volume to be shipped from this facility within the next few years. The acquisition of an existing production facility at favorable terms underscores AIXTRON’s commitment to efficiency and readiness to leverage the expertise within Italy’s manufacturing ecosystem.

At a media event attended by regional government representatives, including Adolfo Urso, National Minister for Enterprises and Made in Italy, the importance of semiconductor investments for Italy’s industrial landscape was emphasized. The President of the Piedmont Region, Alberto Cirio, hailed AIXTRON’s investment as a testament to the region’s attractiveness and its aspirations to lead in semiconductor innovation, bolstered by alliances such as the Alliance of European Regions for Semiconductors.

Andrea Tronzano, Regional Minister for Productive Activities, highlighted the fruitful collaboration between Piedmont and AIXTRON, culminating in this significant investment. The region’s appeal for investment and industrial development was reaffirmed, positioning Piedmont as a prime destination for cutting-edge technology initiatives.

Marco Gay, President of Confindustria Piemonte, underscored the enrichment of the local industrial landscape through AIXTRON’s investment, emphasizing the region’s capacity for growth and innovation, particularly in high-tech sectors.

The collaboration between industry and academia was also acknowledged, with the Politecnico University in Turin renowned for its contributions to semiconductor research and development. This integration of knowledge and manufacturing prowess sets the stage for collaborative advancements in the semiconductor industry, positioning Italy as a key player in the global semiconductor landscape.

About AIXTRON:

AIXTRON SE is a leading provider of deposition equipment to the semiconductor industry. The Company was founded in 1983 and is headquartered in Herzogenrath (near Aachen), Germany, with subsidiaries and sales offices in Asia, United States, and in Europe. AIXTRON´s technology solutions are used by a diverse range of customers worldwide to build advanced components for electronic and optoelectronic applications based on compound or organic semiconductor materials. Such components are used in a broad range of innovative applications, technologies and industries. These include Laser and LED applications, display technologies, data transmission, SiC and GaN power management and conversion, communication, signaling and lighting as well as a range of other leading-edge applications.

Media Contact:

Media:
Ragah Dorenkamp
Director Corporate Communications, AIXTRON SE
fon +49 (2407) 9030-1830
mobile +49 (151) 74607360
e-mail r.dorenkamp@aixtron.com

Jan Philip Pellissier
Press Office Confindustria Piemonte
fon +39 347 784 5273
e-mail jan.pellissier@gmail.com

Investors:
Christian Ludwig
Vice President Investor Relations, AIXTRON SE
fon +49 (2407) 9030-444
e-mail c.ludwig@aixtron.com

SOURCE: AIXTRON SE