Electronics & Microtechnology

German chip equipment supplier Süss Microtec has announced to plans to invest up to EUR 45 million in a new development center in Germany.

Süss Microtec CEO Burkhard Frick announced the semiconductor industry supplier’s plans in an interview with German business daily Handelsblatt. Frick also claimed that the leading-edge equipment and process innovations supplier will bring 10 new products to market within the next two years – plans which bolster Süss Microtec’s intent to increase current R&D spending of nine percent of revenue to 11 percent by 2030. 

Süss Microtec specialists will work in tandem with clients on advanced applications at the new development center whose proposed location remains to be disclosed. The company currently operates two facilities in Germany, employing around 300 staff at its Garching by Munich headquarters and a further 600 workers in Sternefels near Pforzheim. The company generates more than 80 percent of its turnover in Asia and supplies industry heavyweights including contract manufacturer TSMC as well as the world’s leading memory chip companies Micron, Samsung and SK Hynix. Other clients on the company’s roster include Munich-based Infineon and Texas Instruments.