10 Facts About Infineon

1.

Infineon Technologies AG is a German semiconductor manufacturer founded in 1999, when the semiconductor operations of the former parent company Siemens AG were spun off.

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2.

Infineon has subsidiaries in the US in Milpitas, California, and in the Asia-Pacific region, in Singapore and Tokyo, Japan.

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3.

Infineon has a number of facilities in Europe, one in Dresden.

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4.

Infineon is listed in the DAX index of the Frankfurt Stock Exchange.

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5.

Infineon delivers a significant number of chips for the new German identity card.

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6.

Infineon Technologies agreed on 20 August 2014 to buy the International Rectifier Corporation for about $3 billion, one third by cash and two-thirds by credit line.

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7.

In July 2016, Infineon announced it agreed to buy the North Carolina-based company Wolfspeed from Cree Inc for $850 million in cash.

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8.

In October 2016, Infineon acquired the company Innoluce which has expertise in MEMS and LiDAR systems for use in autonomous cars.

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9.

In June 2019, Infineon announced it would acquire Cypress Semiconductors for $9.

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10.

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.

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