Vishay Intertechnology, Inc. announced that the company’s facility in Borgaro Torinese, Italy, has been approved for inclusion in “Silicon Valley 8.0 in Piemonte for a Green and Smart Mobility” (SVINBO 8.0), a funded project submitted to the European Union (NGEU) and the Italian government. Funding for the grant will be provided through the NGEU M1C2 – 5.2 program targeting productivity and value chains for microelectronics and semiconductors.
In cooperation with the Polytechnic of Turin, SVINBO 8.0 consists of an investment project aimed at the production of a new family of semiconductors for the EV / HEV market, in addition to an R&D project aimed at developing new diode chips for e-mobility and new power modules. In addition to strengthening production and technology, the inclusion of Vishay in SVINBO 8.0 will have strategic impacts on the microelectronic supply chain, improving competitive positioning in the territory.
Original – Vishay Intertechnology