Infineon speeding memory spinoff, seeks Japan inroads

March 15, 2006 – Infineon Technologies AG could be prepared to offload its memory chip unit before the original July 1 date, contradicting earlier reports that such a deal would be delayed, according to a report in the Financial Times Deutschland.

Speeding up the memory deal would give Infineon leverage to go after a new potential strategy: a possible acquisition in Japan to gain a foothold in the semiconductor market serving domestic automotive manufacturers. The paper quoted CEO Wolfgang Ziebart saying that Infineon is strong in the US and Korea but needs to “get better” in Japan, and acquiring a Japanese semiconductor supplier would be faster than trying to build domestic confidence in the German firm.


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