European power semiconductor industry is investing heavily in new semiconductor fabs in Europe. Robert Bosch has started production in the new 300mm fab in Dresden (DE) in 2021 with ASICs and power semiconductors for automotive. Infineon has opened a new fab in Villach (AT) for power electronics in 300mm thin-wafer technology. And STMicroelectronics will start production end of this year in the new 300mm analog and power fab in Agrate-Brianza (IT).