Infineon Technologies Company Description
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.
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The Company Description provides a historical perspective of Infineon Technologies's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Infineon Technologies's evolution in the marketplace.
