Infineon, the world’s largest supplier of silicon chips to the car industry, said it was considering moving more manufacturing across the Atlantic to comply with recently passed legislation that seeks to boost the US semiconductor industry.
Peter Wawer, head of Infineon’s green technology division, said the German chipmaker was reviewing requirements in the Inflation Reduction Act that relate to the value of goods manufactured in the US.
“We of course need to watch this, that we comply with these rules,” Wawer said, and “that we are not excluded from business due to a certain share of value that we do not have in the US”.
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