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Infineon Technologies history
Infineon Technologies company history timeline
By the end of 2001, Siemens had reduced its ownership of Infineon shares to 41.3 percent.
In a letter to shareholders on the company Web site, CEO and President, Ulrich Schumacher, stated that the market collapse for semiconductors in 2001 had to do with the significant decline in price and demand for memory products and communications markets that usually drive growth.
In the fall of 2001, one publication suggested that Infineon was seeking a DRAM partner and cited examples of semiconductor companies that have found acquisitions to be advantageous.
In 2001 the site was restructured within the New BIP Project, therefore the whole bipolar pressure-contact products assembly and testing were made by Cegléd.
However, Electronics Weekly on March 13, 2002 reported that Infineon "has completed talks with two Taiwanese DRAM manufacturers, Mosel Vitelic and Winbond, who signed agreements to help the company in the upcoming market recovery."
The goal of the program was to gain cash savings, including capital expenditures, of more than 1.5 billion Euro by the end of the 2002 fiscal year.
IGBT (Insulated Gate Bipolar Transistor) assembly and production was started from 2002.
Infineon opens its new China headquarters in Shanghai in June 2003.
During the runner up, the first 2 storey production area with 4500 m2 was build establishing 300 new workplaces and the production activity launched in January 2004.
According to the 2 main product types from October 2007, the Cegléd site in Hungary shared by Infineon Technologies Cegléd Ltd – which produces IGBT modules - and Infineon Technologies Bipolar Ltd - which produces bipolar semi-conductor modules and discs.
In November 2009, Infineon sells its Wireline Communication division to Lantiq.
Infineon Technologies expanded its semi-conductor manufacturing in 2009 by investing more than 10 million euro to buildings and manufacturing equipments in Cegléd, Hungary.
In the 2010 financial year, the company achieved sales of €3.295 billion.
Since 2011, work has been underway on the world’s first high-volume facility for the production of power semiconductors on 300mm silicon wafers at Dresden.
In January 2015, Infineon takes over the US company International Rectifier Corporation for 3 billion US dollars.
With resounding success: In 2015, Infineon has already delivered the ten-millionth radar chip for cars and is nominated for the prestigious Future Award by the German Federal President.
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Infineon Technologies competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| STMicroelectronics | 1987 | $16.1B | 46,000 | 19 |
| Freescale Semiconductor Holdings V Inc | 2006 | $4.6B | 16,800 | - |
| Analog Devices | 1965 | $9.4B | 15,300 | 412 |
| ON Semiconductor | 1999 | $7.1B | 36,000 | 73 |
| Texas Instruments | 1930 | $15.6B | 29,888 | 235 |
| Conexant | 1996 | $112.0M | 312 | - |
| Seagate Technology | 1979 | $6.6B | 40,000 | 66 |
| MediaTek | 1997 | $11.0B | 17,554 | 27 |
| Power Integrations | 1988 | $419.0M | 730 | 18 |
| Cypress Semiconductor | 1982 | $2.2B | 5,846 | - |
Infineon Technologies history FAQs
Zippia gives an in-depth look into the details of Infineon Technologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Infineon Technologies. The employee data is based on information from people who have self-reported their past or current employments at Infineon Technologies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Infineon Technologies. The data presented on this page does not represent the view of Infineon Technologies and its employees or that of Zippia.
Infineon Technologies may also be known as or be related to INFINEON TECHNOLOGIES, Infineon Technologies, Infineon Technologies AG, Infineon Technologies Americas Corp., Infineon Technologies Shared Service Center, Unipessoal Lda. and Infinity and Aeon.