Infineon News
6 articles
growth-negative
Stocks to watch next week: BP, Diageo, Disney, Uber and WPP
BP is set to release its second-quarter results amid declining oil and gas prices, with analysts expecting earnings of $1.35 per share and $60 billion in revenue. The company is under pressure due to weak cash flow, rising net debt, and challenges in its transition to cleaner energy sources. Activist investor Elliott has raised concerns over BPs performance, particularly its lagging shareholder returns. Analysts predict a pre-tax profit of $4.6 billion, up from $4.2 billion in Q1, but still below past levels. BPs cash flow and net debt, forecasted to be $24.9 billion by Q1 2025, remain key issues.
growth-positive
SKYT's Fab-25 Buyout to Aid Wafer Services: What's the Path Forward?
SkyWater Technology is set to acquire Fab-25 from Infineon Technologies, with the deal expected to close on June 30, 2025. This acquisition will significantly enhance SkyWaters semiconductor manufacturing capabilities and expand its foundry footprint. The deal is supported by a four-year supply agreement worth over $1 billion, expected to boost revenues by $300 million in fiscal 2025. The acquisition aligns with national onshoring priorities and positions SkyWater as a key player in the U.S. semiconductor industry. The integration of Fab-25 will enable SkyWater to meet the growing demand for domestically sourced chips and support critical applications in automotive, industrial, and defense markets.
AcquisitionCustomersPartners
growth-positive
Infineon buys out Saifun's share in Infineon Technologies Flash
Saifun Semiconductors has announced an agreement with Infineon Technologies AG granting Infineon a new license for the use of Saifun NROM technology for its line of Flash memory products. The two companies will continue to cooperate closely in technology and product development. Infineon will acquire Saifuns share in their joint venture, Infineon Technologies Flash (IFL). The licensing agreement appears to be worth tens of millions of dollars. Saifun may be exiting the joint venture to concentrate on the development side of the technology. The joint venture was set up in 2001 under the name Ingentix. Saifuns NROM technology currently stores two locally-separated bits in one transistor cell, which means lower production costs.
PartnersAcquisition
growth-positive
Infineon launches its first flash memory chip
Infineon Technologies AG and Saifun Semiconductors Ltd. have launched their first product through their joint venture, Infineon Technologies Flash GmbH & Co. KG. The joint venture has started production of a 512Mb flash chip in Dresden, Germany. The flash chip is based on Saifuns patented Non-Nitrided Read Only Memory (NROM) nonvolatile memory system and serves as the basis for the groups new TwinFlash technology. Infineon Technologies Flash has signed orders for its new flash chip with several customers, targeting the removable storage market. The company plans to increase the chips capacity to 2Gb by 2005.
Customers
growth-positive
"Eventually we'll become a brand name"
Infineon Technologies and Saifun Semiconductors are expanding their joint venture, Ingentix, to handle additional technologies. This will allow Infineon to offer more memory products and Saifun to provide technology for a growing market expected to reach $15 billion in the next five years. Infineon will now be a 70% partner, and Saifun 30%, compared with 51% for Infineon and 49% for Saifun under the previous arrangement. The joint venture will now be called Infineon Flash. The two partners aim to combine Saifuns NROM non-volatile memory with Infineons micro-controllers and expand beyond the mobile flash memory cards developed by Ingentix.
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Infineon Opens Office in Israel
