AIXTRON expands footprint in Europe with a new production site in Italy

EQS-Media / 03.06.2024 / 16:20 CET/CEST

AIXTRON expands footprint in Europe with a new production site in Italy

Herzogenrath, June 03, 2024 – AIXTRON (FSE: AIXA) is expanding its manufacturing presence in Europe. The company announced the acquisition of a production site near Turin, in the Piedmont region of Italy. With this, the company is expanding its production capacities to be prepared for further growth. Furthermore, the new location allows AIXTRON to establish a link to the strong university and supplier ecosystem in the Piedmont region. AIXTRON’s current locations in Herzogenrath, Germany (headquarters, R&D, production) and Cambridge, UK (R&D, production) will benefit from the strengthened European footprint.

“With our new production location near Turin in the Piedmont region of Italy we prepare our company for the expected market dynamics with further growth in unit shipments in the coming years. Within 2-3 years, we envision a significant share of AIXTRON volume to be shipped from this location. We were able to secure the rare opportunity to purchase an existing production facility at very attractive commercial terms, which provides almost all of the specialized operations and test infrastructure for the manufacturing of our equipment. Furthermore, we will be located in the heart of the manufacturing ecosystem of northern Italy, being close to many strong suppliers and world-class universities. We are proud to join this ecosystem and expect strong benefits for all parties, also for our exiting sites in Germany and in the UK,” said Dr. Felix Grawert, CEO and President of AIXTRON SE, at a media event this Monday with representatives of the regional Italian government.

On the occasion, Adolfo Urso, National Minister for Enterprises and Made in Italy, joined the event via video to give a short greeting speech. In it, he emphasized the importance of the semiconductor industry for Italy and the region and vice versa. “With these investments announced for 2024, Italy is on its way to become one of the leading chip and semiconductor manufacturers in Europe.”

The President of the Piedmont Region Alberto Cirio together with the regional ministers Andrea Tronzano (Productive Activities), Elena Chiorino (training and work) and Fabrizio Ricca (Internationalization) underlined: “The investment by AIXTRON in Piedmont for a new production site comes a few weeks after the launch in Turin of the Foundation for the National Center for Artificial Intelligence, confirming how this area is attractive and offers fertile grounds for those who work in a sector that is as innovative as it is specific. An already excellent supply chain is therefore enriched and becomes increasingly competitive. AIXTRON is in fact a world-leading multinational in the field of semiconductors, a sector experiencing extraordinary growth in which Piedmont aspires to have a leading role as demonstrated by the decision to join the Alliance of European Regions for Semiconductors, a body of which we will assume the presidency in 2025."

The Regional Minister for Productive Activities, Andrea Tronzano, added:
“The contact with AIXTRON was born exactly one year ago during a mission together with the President Cirio in Düsseldorf to consolidate our relations with the State of North Rhine-Westphalia, with which we have many points of contact. This is an important result, achieved thanks to the work of our Attraction Team, created precisely to attract, accompany and consolidate investments in our territory. Piedmont, as also certified by the Financial Times, is confirmed as one of the most attractive European regions from a production and industrial point of view"

Marco Gay, President of Confindustria Piemonte: “AIXTRON's investment confirms the attractiveness our territory, where knowledge and manufacturing know-how are integrated with the ability to grow in cutting-edge technology, drivers through which the challenges of these years can be managed. Our industrial fabric is enriched today with a new piece for an important supply chain, with concrete development possibilities.

Cooperations in research and development are particularly important in the highly innovative semiconductor industry. The Politecnico University in Turin is also known for its outstanding research and teaching in semiconductor technology.

AIXTRON press conference in Turin with representatives of the government of the Piedmont region (from right to left): Regional Minister for Productive Activities Andrea Tronzano, President of the Piedmont Region Alberto Cirio, AIXTRON-CEO Dr. Felix Grawert and Marco Gay, President of Confindustria Piemonte.

Contact Person

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

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.

Our registered trademarks: AIXACT®, AIXTRON®, Atomic Level SolutionS®, Close Coupled Showerhead®, CRIUS®, Gas Foil Rotation®, OVPD®, Planetary Reactor®, PVPD®, TriJet®

For further information on AIXTRON (FSE: AIXA, ISIN DE000A0WMPJ6) please visit our website at: www.aixtron.com.

Forward-Looking Statements

This document may contain forward-looking statements regarding the business, results of operations, financial condition and earnings outlook of AIXTRON. These statements may be identified by words such as “may”, “will”, “expect”, “anticipate”, “contemplate”, “intend”, “plan”, “believe”, “continue” and “estimate” and variations of such words or similar expressions. These forward-looking statements are based on our current assessments, expectations and assumptions, of which many are beyond control of AIXTRON, and are subject to risks and uncertainties. You should not place undue reliance on these forward-looking statements. Should these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of AIXTRON may materially vary from those described explicitly or implicitly in the relevant forward-looking statement. This could result from a variety of factors, such as actual customer orders received by AIXTRON, the level of demand for deposition technology in the market, the timing of final acceptance of products by customers, the condition of financial markets and access to financing for AIXTRON, general conditions in the market for deposition plants and macroeconomic conditions, cancellations, rescheduling or delays in product shipments, production capacity constraints, extended sales and qualification cycles, difficulties in the production process, the general development in the semi-conductor industry, increased competition, fluctuations in exchange rates, availability of public funding, fluctuations and/or changes in interest rates, delays in developing and marketing new products, a deterioration of the general economic situation and any other factors discussed in any reports or other announcements , in particular in the chapter Risks in the Annual Report, filed by AIXTRON. Any forward-looking statements contained in this document are based on current expectations and projections of the executive board based on information available the date hereof. AIXTRON undertakes no obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise, unless expressly required to do so by law.

This document is also available in a German language translation version. In case of discrepancies, the English language document shall prevail and shall be the valid version.

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Language:

English

Company:

AIXTRON SE

Dornkaulstraße 2

52134 Herzogenrath

Germany

Phone:

+49 (2407) 9030-0

Fax:

+49 (2407) 9030-445

E-mail:

invest@aixtron.com

Internet:

www.aixtron.com

ISIN:

DE000A0WMPJ6

WKN:

A0WMPJ

Indices:

MDAX, TecDAX

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Nasdaq OTC

EQS News ID:

1916817

End of News

EQS Media

1916817 03.06.2024 CET/CEST