Semiconductor manufacturing company
This article is about the German corporation. For the racing circuit once named after Infineon, see
Sonoma Raceway
.
Infineon Technologies AG
is
Germany
's largest semiconductor manufacturer. The company was spun-off from
Siemens AG
in 1999.
[4]
Infineon has about 58,600 employees in 2023 and is one of the ten largest semiconductor manufacturers worldwide.
[3]
[5]
In 2023 the company achieved sales of €16.309 billion.
[3]
[6]
Markets
[
edit
]
Infineon markets semiconductors and systems for
automotive
, industrial, and multimarket sectors, as well as chip card and security products. Infineon has subsidiaries in the US in
Milpitas
, California, and in the Asia-Pacific region, in
Singapore
and
Tokyo, Japan
.
Infineon has a number of facilities in Europe, one in
Dresden
. Infineon's high power segment is in
Warstein
, Germany;
Villach
,
Graz
and
Linz
in Austria;
Cegled
in Hungary; and Italy. It also runs
R&D
centers in France, Singapore,
Romania
, Taiwan, UK, Ukraine
[7]
and
India
, as well as fabrication units in
Malaysia
,
Singapore
,
Indonesia
, China and Hungary. There is also a Shared Service Center in Porto, Portugal.
[8]
Infineon is listed in the
DAX
index of the
Frankfurt Stock Exchange
.
In 2010, board member Klaus Wucherer was elected to step into the chairman's office upon the retirement of the then-current chairman Max Dietrich Kley following a
proxy contest
in advance of the shareholders' meeting.
[9]
In 2023, it was Germany's largest chip manufacturer.
[10]
As of 2011, Infineon comprised four business areas after several restructurings:
[11]
Automotive (ATV)
[
edit
]
Infineon provides semiconductor products for use in
powertrains
(engine and transmission control), comfort electronics (e.g., steering,
shock absorbers
,
air conditioning
), as well as in safety systems (
ABS
,
airbags
,
ESP
). The product portfolio includes
microcontrollers
, power
semiconductors
and
sensors
. In the fiscal year 2018 (ending September), sales amounted to €3,284 million
[12]
for the ATV segment.
Green Industrial Power (GIP)
[
edit
]
The industrial division of the company (named IPC until 2023
[13]
) includes power semiconductors and modules which are used for generation, transmission and consumption of electrical energy. Its application areas include control of electric drives for industrial applications and household appliances, modules for renewable energy production, conversion and transmission. This segment achieved sales of €1,323 million in fiscal year 2018.
[12]
Power & Sensor Systems (PSS)
[
edit
]
The division Power & Sensor Systems sums up the business with semiconductor components for efficient power management or high-frequency applications. Those find application in lighting management systems and LED lighting, power supplies for servers, PCs, notebooks and consumer electronics, custom devices for peripheral devices, game consoles, applications in medical technology, high-frequency components having a protective function for communication and tuner systems and silicon MEMS microphones. In the fiscal year 2018, PSS generated €2,318 million.
[12]
Connected Secure Systems (CSS)
[
edit
]
The CSS business provides microcontrollers for mobile phone SIM cards, payment cards, security chips and chips for passports, identity cards and other official documents. Infineon delivers a significant number of chips for the new German identity card.
[14]
CSS achieved €664 million in fiscal year 2018.
[12]
"
Infineon is the number 1 in embedded security"
(IHS, 2016 ? IHS Embedded Digital Security Report).
Acquisitions and divestitures
[
edit
]
Infineon bought the
Taiwanese
chip designer
ADMtek
in 2004.
[15]
[16]
In 2006, the former Memory Products division was carved out as Infineon's subsidiary
Qimonda AG
, of which Infineon last held a little over three-quarters. At its height Qimonda employed about 13,500 people; it was listed on the
New York Stock Exchange
until it filed for bankruptcy with the district court in Munich in January 2009.
[17]
When Infineon sold Wireline Communications in July 2009 to
Golden Gate Capital
for €250 million,
[18]
the resulting company was named
Lantiq
. With around 1,000 employees,
[19]
Lantiq was acquired by
Intel
for US$345 million in 2015.
[20]
Infineon's wireless business segment was sold to Intel in January 2011 for US$1.4 billion,
[21]
with the resulting new company named
Intel Mobile Communications
(IMC).
[22]
[23]
IMC had approximately 3,500 employees.
[22]
[23]
The smartphone modem business of IMC was acquired by
Apple Inc.
in 2019.
[24]
In August 2014 Infineon Technologies agreed to buy the
International Rectifier Corporation
(IR) for about US$3 billion,
[25]
one third by cash and two-thirds by credit line.
[26]
The acquisition was officially closed on January 13, 2015.
[27]
In July 2016, Infineon agreed to buy the North Carolina-based company
Wolfspeed
from
Cree Inc.
for US$850 million in cash,
[28]
although the deal was ultimately stopped due to US security concerns.
[28]
[29]
In October 2016, Infineon acquired the company Innoluce, which has expertise in MEMS and
LiDAR systems
for use in
autonomous cars
. The MEMS lidar system can scan up to 5,000 data points a second with a range of 250 meters, with an expected unit cost of $250 in
mass production
.
[30]
[31]
Infineon Technologies AG sold its RF Power Business Unit in March 2018 to
Cree Inc.
for €345 million.
[32]
Infineon announced in June 2019 that it would acquire
Cypress Semiconductors
for US$9.4 billion.
[33]
[34]
The acquisition closed on 17 April
[35]
of 2020.
[36]
In May 2023, Infineon acquired "tiny machine learning" company Imagimob, a
Stockholm, Sweden
based company with a platform for development and deployment of AI applications.
[37]
Infineon acquired GaN Systems, headquartered in
Ottawa, Canada
, in October 2023.
[38]
Infineon in 2023 acted on an expansion plan by investing EUR 5 billion into its semiconductor fab in
Kulim
,
Kedah
,
Malaysia
.
[39]
As of 2023 Infineon was also planning to build two additional plants in
Dresden
for €5 billion, asking the government to subsidize it with €1 billion, financed through the €4 billion
European Chips Act
. It would employ 3000 people.
[10]
Financial data
[
edit
]
Financial data in € billions
Year
|
2013
|
2014
|
2015
|
2016
|
2017
|
2018
[40]
|
2019
|
2020
[3]
|
2021
[3]
|
2022
[3]
|
2023
[3]
|
Revenue
|
3.843
|
4.320
|
5.795
|
6.473
|
7.063
|
7.599
|
8.029
|
8.567
|
11.060
|
14.218
|
16.309
|
Net Income
|
0.272
|
0.535
|
0.632
|
0.743
|
0.790
|
1.075
|
0.870
|
0.368
|
1.28
|
|
3.137
|
Assets
|
5.905
|
6.438
|
8.741
|
9.087
|
9.945
|
10.879
|
13.412
|
21.999
|
23.334
|
26.912
|
28.439
|
Employees
|
26,725
|
29,807
|
35,424
|
36,299
|
37,479
|
40,100
|
41,418
|
46,665
|
50,288
|
56,194
|
56,800
|
Management
[
edit
]
In 2019 the following persons were in the following positions:
[41]
- Jochen Hanebeck (
CEO
)
- Andreas Urschitz (
CMO
)
- Rutger Wijburg (
COO
)
- Elke Reichart (CDTO)
[42]
- Sven Schneider (
CFO
)
Litigation
[
edit
]
In 2004–2005, an investigation was carried out into a
DRAM price fixing
conspiracy during 1999–2002 that damaged competition and raised PC prices. As a result,
Samsung
paid a $300 million fine,
Hynix
paid $185 million,
Infineon
$160 million.
[43]
[44]
Security flaw
[
edit
]
In October 2017, it was reported that a flaw, dubbed ROCA, in a code library developed by Infineon, which had been in widespread use in security products such as
smartcards
and
TPMs
, enabled private keys to be inferred from
public keys
. As a result, all systems depending upon the privacy of such keys were vulnerable to compromise, such as identity theft or spoofing. Affected systems include 750,000
Estonian national ID cards
, 300,000
Slovak national ID cards
,
[45]
and computers that use Microsoft
BitLocker
drive encryption in conjunction with an affected TPM.
[46]
Microsoft released a patch that works around the flaw via Windows Update immediately after the disclosure.
[47]
Notes
[
edit
]
- ^
"Chipmaker Infineon ready to spend billions on acquisitions - CEO"
.
Reuters
. 28 December 2022
. Retrieved
13 October
2023
.
- ^
"Changes at Infineon's Supervisory Board"
. Automotive Purchasing and Supplychain. 6 August 2019
. Retrieved
18 August
2019
.
- ^
a
b
c
d
e
f
g
Infineon Technologies.
"Key Figures 2023"
(PDF)
.
Infineon.com
. Retrieved
14 February
2024
.
- ^
"Siemens names chip spinoff Infineon"
.
EE Times
. 17 March 1999
. Retrieved
25 April
2024
.
- ^
"Annual Report 2023"
(PDF)
.
Infineon.com
. 14 February 2024
. Retrieved
14 February
2024
.
- ^
"Infineon Annual Report 2023"
(PDF)
.
Infineon.com
.
- ^
"Infineon Site in Ukraine"
. Infineon Technologies
. Retrieved
31 December
2021
.
- ^
"Infineon Technologies Shared Service Center"
.
- ^
Kohn, Rudiger (12 February 2010).
"Ratlosigkeit im Fall Infineon: Die gescheiterte Rebellion"
.
Faz.net
(in German).
- ^
a
b
Eddy, Melissa (27 March 2023).
"Germany Wants More Chip Makers, but They Won't Come Cheap"
.
The New York Times
.
ISSN
0362-4331
. Retrieved
28 March
2023
.
- ^
AG, Infineon Technologies (2011).
"Arunjai Mittal Becomes Management Board Member Responsible for Sales, Marketing and Strategy Development at Infineon - Industrial & Multimarket Business Divided into Two Divisions - Infineon Technologies"
.
www.infineon.com
. Retrieved
28 March
2023
.
- ^
a
b
c
d
"Annual Report 2018"
(PDF)
. Infineon Technologies
. Retrieved
13 December
2018
.
- ^
"Green Industrial Power: Infineon's Decarbonization Initiative"
.
- ^
"Infineon chips for the new identity cards"
(in German). Computerwoche.de
. Retrieved
7 December
2010
.
- ^
"Infineon to Acquire Taiwanese Chip Designer ADMtek - First Acquisition in Asia Strengthens Infineon´s Communications Business - Infineon Technologies"
.
- ^
"Infineon buys ADMtek for US$100 million in cash - Taipei Times"
. 29 January 2004.
- ^
NYSE Regulation, Inc. (23 January 2009).
"NYSE Suspends Qimonda AG, Moves to Remove from the List"
.
NYSE
. Archived from
the original
on 8 March 2013
. Retrieved
16 March
2009
.
- ^
"Infineon verkauft Wireline Communications Geschaft an US-Investor - Infineon Technologies"
.
- ^
"Archived copy"
. Archived from
the original
on 27 March 2012
. Retrieved
20 September
2011
.
{{
cite web
}}
: CS1 maint: archived copy as title (
link
)
- ^
Jens Hack/Harro ten Wolde (2 February 2015).
"Intel buys former Infineon 'Internet of Things' chip unit Lantiq"
.
Reuters
. Retrieved
2 February
2015
.
- ^
AG, Infineon Technologies.
"Intel to Acquire Infineon's Wireless Solutions Business - Infineon Technologies"
.
www.infineon.com
. Retrieved
26 July
2019
.
- ^
a
b
"Infineon schließt Verkauf des Mobilfunkgeschafts an Intel ab ? Neues Unternehmen Intel Mobile Communications GMBH nimmt Betrieb auf - Infineon Technologies"
.
- ^
a
b
"Intel buys Wireless Solutions section from Infineon"
. Infineon.com
. Retrieved
11 September
2010
.
- ^
Axon, Samuel (25 July 2019).
"Apple acquires Intel's 5G smartphone modem business for $1 billion"
.
ars Technica
. Retrieved
31 July
2019
.
- ^
"Infineon to Buy International Rectifier, a Chip Maker, for $3 Billion"
. Dealbook.nytimes.com. 20 August 2014.
- ^
Alex Sherman, Amy Thomson and Alex Webb (21 August 2014).
"Infineon to Buy International Rectifier for $3 Billion"
.
Bloomberg News
.
- ^
"Infineon Technologies AG successfully acquires International Rectifier"
.
- ^
a
b
By
Friedrich Geiger
and Eyk Henning, Wall Street Journal. “
Infineon to Buy Cree’s Wolfspeed Unit for $850 Million
.” 14 July 2016. 25 July 2016.
- ^
"Cree ends Wolfspeed deal with Infineon over U.S. security concerns"
.
Reuters
. 16 February 2017
. Retrieved
18 October
2017
.
- ^
AG, Infineon Technologies.
"Infineon strengthens leading position in automated driving through acquisition of Innoluce BV - Infineon Technologies"
.
www.infineon.com
. Retrieved
12 January
2017
.
- ^
"A breakthrough in miniaturising lidars for autonomous driving"
.
The Economist
. 24 December 2016
. Retrieved
12 January
2017
.
- ^
"Cree Acquires Infineon's RF Business for €345 Million"
.
everything RF
. Retrieved
7 March
2018
.
- ^
"Infineon Nears Deal to Buy Cypress Semiconductor"
.
Bloomberg
. 3 June 2019
. Retrieved
3 June
2019
.
- ^
"Infineon acquires Cypress Semiconductor for $9.4B"
.
SiliconANGLE
. 2 June 2019
. Retrieved
24 June
2019
.
- ^
"Infineon completes acquisition of Cypress"
.
DIGITIMES
. 17 April 2020
. Retrieved
17 April
2020
.
- ^
"Company Presentation June 2020"
(PDF)
.
Infineon
. 9 June 2020. Archived from
the original
(PDF)
on 9 June 2020
. Retrieved
9 June
2020
.
- ^
"Infineon acquires Tiny Machine Learning leader Imagimob to strengthen its offering in embedded AI solutions"
.
Bloomberg.com
. 16 May 2023
. Retrieved
27 September
2023
.
- ^
"Infineon completes acquisition of GaN Systems, becoming a leading GaN power house"
.
Infineon.com
. 25 October 2023.
- ^
"German semiconductor firm Infineon invests almost RM25b in Malaysia, expands fab in Kulim"
.
Microsoft Start
. Retrieved
8 August
2023
.
- ^
"Infineon Technologies Bilanz, Gewinn und Umsatz | Infineon Technologies Geschaftsbericht | 623100"
.
wallstreet-online.de
. Retrieved
5 November
2018
.
- ^
"Infineon names Linde's Schneider as next CFO"
.
Reuters
. 14 March 2019. Archived from
the original
on 7 June 2019
. Retrieved
6 June
2019
.
- ^
"Management Board"
.
infineon.com
. Retrieved
5 March
2024
.
- ^
Gross, Grant (15 September 2004).
"Infineon to pay $160M fine for DRAM price-fixing"
.
Computerworld
.
IDG
. Retrieved
23 January
2015
.
- ^
"Samsung Agrees to Plead Guilty and to Pay $300 Million Criminal Fine for Role in Price Fixing Conspiracy"
.
- ^
Gavin, Shoebridge (18 October 2017).
"Slovak ID card security risk exposed"
. RTVS
. Retrieved
18 October
2017
.
- ^
Goodin, Dan (16 October 2017).
"Millions of high-security crypto keys crippled by newly discovered flaw"
.
Ars Technica
.
Conde Nast
.
- ^
Busvine, Douglas (16 October 2017).
"Infineon says has fixed encryption flaw found by researchers"
. Reuters
. Retrieved
20 October
2017
.
External links
[
edit
]
Wikimedia Commons has media related to
Infineon
.
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Last updated: 18 September 2023
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TecDAX
companies of Germany
updated 11.02.2024
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Divisions and
subsidiaries
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Joint ventures &
investments
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Predecessors
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Products
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services &
projects
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People
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Other
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- 1
Now integrated into other Siemens divisions or business groupings
- 2
Sold
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- Note = "major" equates to companies with an annual revenue of over US$3 billion, past or present
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