Infineon Technologies
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Template:Infobox CompanyEuro 7.19 billion Euro (2004)|
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Infineon Technologies AG (Template:NYSE) was founded in April 1999 when the semiconductor operations of parent company, Siemens AG, were spun off to form a separate legal entity. Siemens AG still holds 18.23% of Infineon's shares. As of 2005, Infineon had about 36,000 employees worldwide, 7,200 of them involved in research and development. In fiscal year 2004, the company achieved sales of 7.19 billion euros and a consolidated surplus of 61 million euros. The EBIT came to 256 million euros.
Currently (as of November 2005), Infineon is undergoing a major restructuring plan, where the possible divestment of its memory chip manufacture division is being considered. In autumn 2006 the memory products division is about to go public at an Asian stock exchange or at the NASDAQ in U.S.A under the name "Qimonda". The memory products division (MP) has provided more than 40% of the turnover of Infineon and has made profit for the last three quarters and has turned a profit averaged over the last 3 years (contrary to what most commentators say).Qimonda will have 12000 employees worldwide.
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The markets of Infineon Technologies AG
Infineon Technologies AG offers semiconductor and system solutions for automotive, industrial and multimarket sectors, for applications in communication, as well as memory products. With a global presence, Infineon operates through its subsidiaries in the US from San Jose, California, in the Asia-Pacific region from Singapore, in Japan from Tokyo and in Austria from Villach.
Infineon is listed on the DAX 30 index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX).
What Infineon means
The name Infineon combines the English word "infinity" with "eon," the ancient Greek word for eternity, in an attempt to call to mind positive associations with the idea of infinity.
Product lines
Infineon's main product lines are integrated circuits in the following areas:
- memory (DRAMs, Flash memory)
- communications (wired and wireless)
- automotive and industrial applications
- smartcards
One of the newer products is the TriCore MCU.
Latest news
Infineon's Memory Products divison would be carved into a new company called Qimonda starting May 1st 2006.
Infineon's VDSL2 based VINAX platform has been selected by Deustche Telekom.
Infineon recently released its new INCA-IP2 chips for next generation VOIP Phones.
In 2004-2005 an investigation was carried out into a worldwide DRAM price fixing conspiracy during 1999-2002 that damaged competition and raised PC prices. As a result, Samsung is to pay $300 million fine, Hynix was to pay $185 million in 2005, Infineon: $160 million in 2004. Micron Technology cooperated with prosecutors and no fine is expected.
The board of the company has decided to spin off the memory business as a separate entity by mid 2006 by going public in Asia.
Community Support
Infineon technologies supports local high schools with F.I.R.S.T. robotics. They currently help three local schools in Richmond, VA Atlee HS, Tucker HS, and Highland Springs Tech Center (HTA)
AENEON
AENEON™ was introduced in 2005. AENEON is a DRAM memory family of Infineon and fits into standard PCs and notebooks.
AENEON targets whitebox (non-brand) PC and notebook manufacturers world wide, as well as the European retail segment and end users (web shop). AENEON DRAM memory focuses the "price-performance" segment.
Price advantages are obtained due to a limited product portfolio (only unbuffered and SO-DIMM), and due to outsourced modul assembly. The DRAM components, however, are "Made by Infineon™".
External link
- Infineon website, +49 89 234 65555
- AENEON website
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