Infineon stakes claim in China

September 17, 2003 – Infineon Technologies, Munich, Germany, plans to spend $1.2 billion over the next four years on its China operations in an effort to double its domestic market share.

The plan includes more than $115 million on R&D and personnel at the company’s, centered in Shanghai’s Pudong district. “Our goal is to supply roughly 10% of the Chinese semiconductor market,” according to CEO Ulrich Schumacher.

Infineon also recently announced a $226 million deal with Huawei Technologies to develop WCDMA mobile phones, and a proposed stake in a DRAM JV in Suzhou.


Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.