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ZF CEO regrets decision by chip manufacturer Wolfspeed: "Had high hopes"
The CEO of the automotive supplier ZF expressed disappointment over the decision of the US company Wolfspeed to postpone the planned construction of the chip factory indefinitely. "As a company, we had placed a lot of hopes in this project," said ZF CEO Holger Klein during a visit to the ZF plant in Saarbrücken. ZF intended to invest 170 million euros in the Ensdorf project.
For the construction of the world's largest factory for silicon carbide semiconductors, investments of around 2.7 billion euros and at least 600 jobs had been planned. Silicon carbide semiconductors are considered a key technology for the further development of electromobility and autonomous driving. With them, electric cars can charge faster and travel further. The production of silicon carbide chips was intended to be designed under the motto "From Fab to Lab" - that is, from the research lab to the factory.
"We made great efforts with our cooperation partner Wolfspeed to bring a fab to Saarland," he concluded. Both the state and federal governments provided us with "maximum support."
Due to the sluggish ramp-up of e-mobility, Wolfspeed has postponed its plans indefinitely. "This means this topic has been pushed in our cooperation as well," said Klein. As a supplier of silicon carbide chips, however, Wolfspeed remains "a very essential partner" for ZF.
Saarland "still an ideal location"
According to him, Saarland is "still an ideal location for such production," also due to the expertise available here. Employment at Wolfspeed would also have been "a very welcome way" for ZF to send skilled workers from the Saarbrücken plant to the startup of the new factory.
ZF has already invested "considerably" in the planned construction project. "Certainly a million euro amount," said Klein when asked. The planned 170 million euros will now be used for other innovations.
```Translated automatically from German.
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