Infineon Technologies AG
News and overview for Infineon Technologies AG
Infineon Files Annual Report with the SEC [Press Release]
Business Wire | 9 days 13 hours 53 minutes ago
Infineon Technologies AG (NYSE:IFX) (FWB:IFX) has filed its annual report on Form 20-F for the 2008 financial year with the U.S. Securities and Exchange Commission. The report is available at the SEC’s website, www.sec.gov, as well as at the “Investor” section of the company's website at www.infineon.com. Shareholders of the company may receive a hard copy of the report free of charge upon request to the company’s Investor Relations department by email at investor.relations@infineon.com.
Infineon Plans a Share Issue
Wall Street Journal, The | 2 days 1 hour 51 minutes ago
FRANKFURT -- German semiconductor maker Infineon Technologies AG said it plans to raise up to €450 million, or about $625 million, by issuing new shares. Neubiberg-based Infineon said it would ask shareholders Feb. 12 to authorize the plan as a "precautionary measure" amid the global economic crisis. The announcement caused Infineon shares to close at €1.14, up 13 European cents, in Frankfurt.
EU reveals raid on microchip firms
Wall Street Journal, The | 10 hours 42 minutes ago
BRUSSELS -- The European Commission said Wednesday that in October it raided several companies that make the microchips used in "smart" cards, on suspicion the firms were colluding with each other.Franco-Italian microchip maker STMicroelectronics NV, German chip maker Infineon Technologies AG and Japanese company Renesas said they had been raided by officials from the commission, the European Union's executive arm. The raids occurred Oct. 21 and 22, the companies said.
Infineon rejects aid offer from state of Saxony
STLtoday.com | 22 days 12 hours 17 minutes ago
FRANKFURT, Germany (AP) -- Technology company Infineon AG on Tuesday rejected an offer from the German state of Saxony to help it bailout its memory chip unit Qimonda AG, but said that it was open to further talks with the state government. Officials from Saxony said earlier in the day that they were ready to provide Qimonda - which has fallen on difficult times through a market glut and decline in sales - with euro150 million ($207 million) in capital, as long as the parent company also ...
Infineon rejects aid offer from state of Saxony
International Herald Tribune | 22 days 12 hours 38 minutes ago
FRANKFURT, Germany: Technology company Infineon AG on Tuesday rejected an offer from the German state of Saxony to help it bailout its memory chip unit Qimonda AG, but said that it was open to further talks with the state government.
Infineon's Loss Widens on Charges, Write-Downs
Wall Street Journal, The | 29 days 8 hours 56 minutes ago
NEUBIBERG, Germany -- Chip maker Infineon Technologies AG posted a sharply wider net loss for its fiscal fourth quarter, hit by restructuring charges and write-downs on its stake in unprofitable Qimonda AG.Infineon said it expects to post an operating loss for fiscal 2009, despite more intensive cost-cutting measures. The disclosure sent its shares plunging 40%.
Infineon Technologies 4Q loss widens to $969M
Yahoo! | 35 days 16 hours 38 minutes ago
German semiconductor maker Infineon Technologies AG said Wednesday that a write-down on its stake in Qimonda and lower chip prices on the global market combined to widen its fourth-quarter loss, the seventh in a row. News, Headlines and Latest Stories on Yahoo! News
Fairchild sues Infineon for patent infringement
Boston Globe, The | 37 days 12 hours 24 minutes ago
NEW YORK—Fairchild Semiconductor International Inc. sued fellow chip maker Infineon Technologies AG for infringements on patents covering power switches and converters.
TerreStar Demonstrates First Satellite IMS VOIP Call in Comneon Test Lab -- TerreStar Handset Performs Across Array of Network Infrastructures [Press Release]
Business Wire | 16 hours 39 minutes ago
Today, at the 2009 International CES, TerreStar Networks Inc. and Comneon, a leading supplier of protocol stack software for mobile communications, announced that the integrated satellite-terrestrial multi-mode handset designed by EB (Elektrobit Corporation) for TerreStar has successfully demonstrated VOIP connectivity using satellite simulation in a Comneon test lab.
Fairchild Semiconductor Files Patent Infringement Lawsuit Against Infineon Technologies [Press Release]
Business Wire | 40 days 9 hours 2 minutes ago
Fairchild Semiconductor (NYSE: FCS) announced it has filed a patent infringement lawsuit against Infineon Technologies AG.
Qimonda Gets EUR325M From Saxony, Infineon, Portugal -Source
Wall Street Journal, The | 17 days 18 hours 54 minutes ago
FRANKFURT (Dow Jones)--Financially distressed German memory chip maker Qimonda AG (QI) has received backing totaling EUR325 million from the German federal state of Saxony, a Portuguese development bank and Infineon Technologies AG (IFX), a person familiar with the matter told Dow Jones Newswires Sunday. The person said Saxony is contributing a loan of EUR150 million to the company, while the Portuguese development bank is contributing EUR100 million and Infineon EUR75 million.
2nd UPDATE: Qimonda Propped Up With New Investments
Wall Street Journal, The | 17 days 14 hours 41 minutes ago
(Adds, detail, comment.) FRANKFURT (Dow Jones)--Cash-strapped German memory chip maker Qimonda AG (QI) will get a EUR325 million cash infusion from its biggest shareholder, a Portuguese development bank and the German State of Saxony, meaning it can continue operating into 2009.
Technology sector dips as Palm jumps on new investment - MarketWatch
MarketWatch | 16 days 16 hours 2 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks dipped Monday morning even as Palm Inc. shares jumped on news that it will get an additional $100 million in private equity investment.
Technology sector sinks as Palm jumps on new investment - MarketWatch
MarketWatch | 16 days 13 hours 14 minutes ago
SAN FRANCISCO (MarketWatch) -- Technology stocks sank Monday, even as Palm Inc. shares jumped on news that the maker of handheld devices will get an additional $100 million in private-equity investment.
U.S. stock futures modestly higher at start of holiday week - MarketWatch
MarketWatch | 16 days 16 hours 2 minutes ago
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Company Overview
| Company: | Infineon Technologies AG |
|---|---|
| Industry: | Memory Chips & Modules |
| Website: | http://www.infineon.com |
For Infineon Technologies, memories of the volatile memory device market were starting to fade. In 2006 the German chip maker spun off its Memory Products unit as a stand-alone business, Qimonda. The vagaries of the DRAM chip market convinced Infineon to focus on more stable product fields. The company, which vies with STMicroelectronics to be Europe's #1 chip producer, makes semiconductors for myriad automotive, computing, communications, and industrial applications. Former parent Siemens remains one of Infineon's top customers. Asia/Pacific has overtaken Europe as Infineon's biggest geographic market, while North America has also grown in size and importance.
Key Numbers
| Sales in U.S. Dollars (mil.) | 10,963.8 (2007) |
|---|---|
| One-year % Growth in Sales | 9.0 (2007) |
| Net Income in U.S. Dollars (mil.) | -525.2 (2007) |
| One-year % Growth in Net Income | 0.0 (2007) |
| Number of Employees | 43,079 (2007) |
| One-year % Growth in Number of Employees | 3.4 (2007) |
| Fiscal Year-End | September |