According to media reports, the US chip manufacturer Wolfspeed wants to build a large plant for silicon carbide semiconductors in Saarland.

The car supplier ZF also has a minority stake in the factory, reports the “Handelsblatt”.

According to information from the "Saarbrücker Zeitung" and the Saarländisches Rundfunk, up to 1000 jobs will be created.

A spokesman for the Saarland state government and a ZF spokesman did not want to comment on the reports at the weekend.

According to reports, the factory is to be built on the site of a former coal-fired power plant in Ensdorf.

Series production of the chips, which are primarily used in electric vehicles, is scheduled to begin in four years.

In addition, a joint research center is to be created in which ZF holds the majority.

The automotive supplier already produces in Saarland.

According to the "Handelsblatt", however, there has not yet been any commitment to state subsidies.

The subsidies are the prerequisite for the commitment in Saarland.

Semiconductor manufacturers usually calculate with public funds of 40 percent of the total costs.

Wolfspeed's newest chip plant in the USA therefore cost around two billion dollars.

According to reports, the factory in Saarland should be significantly larger and therefore more expensive.