 | |
 Infineon headquarters "Campeon" in Neubiberg | |
| Company type | Public |
|---|---|
| ISIN | DE0006231004  |
| Industry | Semiconductor |
| Founded | 1 April 1999; 25 years ago (1999-04-01) |
| Headquarters | , Germany |
Key people |
|
| Products | |
| Revenue |  €14.96 billion (2024) |
| €2.190 billion (2024) | |
| €1.301 billion (2024) | |
| Total assets |  €28.64 billion (2024) |
| Total equity | €17.22 billion (2024) |
Number of employees | 58,065 (2024) |
| Divisions |
|
| Website | infineon.com |
| Footnotes / references [3] | |
Infineon Technologies AG isGermany's largest semiconductor manufacturer. The company was spun-off fromSiemens AG in 1999.[4] Infineon has about 58,000 employees in 2024 and is one of the ten largest semiconductor manufacturers worldwide.[3][5] In 2024 the company achieved sales of approximately €15 billion.[3]
Infineon markets semiconductors and systems forautomotive, industrial, and multimarket sectors, as well as chip card and security products. Infineon has subsidiaries in the US inMilpitas, California, and in the Asia-Pacific region, inSingapore andTokyo, Japan.
Infineon has a number of facilities in Europe, one inDresden. Infineon's high power segment is inWarstein, Germany;Villach,Graz andLinz in Austria;Cegléd in Hungary; and Italy. It also runsR&D centers in France, Singapore,Romania, Taiwan, UK, Ukraine[6] andIndia, as well as fabrication units inMalaysia,Singapore,Indonesia, China and Hungary. There is also a Shared Service Center in Porto, Portugal.[7]
Infineon is listed in theDAX index of theFrankfurt Stock Exchange.
In 2010, board member Klaus Wucherer was elected to step into the chairman's office upon the retirement of the then-current chairman Max Dietrich Kley following aproxy contest in advance of the shareholders' meeting.[8]
In 2023, it was Germany's largest chip manufacturer.[9]
As of 2011, Infineon comprised four business areas after several restructurings:[10]
Infineon provides semiconductor products for use inpowertrains (engine and transmission control), comfort electronics (e.g., steering,shock absorbers,air conditioning), as well as in safety systems (ABS,airbags,ESP). The product portfolio includesmicrocontrollers, powersemiconductors andsensors. In the fiscal year 2018 (ending September), sales amounted to €3,284 million[11] for the ATV segment.
The industrial division of the company (named IPC until 2023[12]) includes power semiconductors and modules which are used for generation, transmission and consumption of electrical energy. Its application areas include control of electric drives for industrial applications and household appliances, modules for renewable energy production, conversion and transmission. This segment achieved sales of €1,323 million in fiscal year 2018.[11]
The division Power & Sensor Systems sums up the business with semiconductor components for efficient power management or high-frequency applications. Those find application in lighting management systems and LED lighting, power supplies for servers, PCs, notebooks and consumer electronics, custom devices for peripheral devices, game consoles, applications in medical technology, high-frequency components having a protective function for communication and tuner systems and silicon MEMS microphones. In the fiscal year 2018, PSS generated €2,318 million.[11]
The CSS business provides microcontrollers for mobile phone SIM cards, payment cards, security chips and chips for passports, identity cards and other official documents. Infineon delivers a significant number of chips for the new German identity card.[13] CSS achieved €664 million in fiscal year 2018.[11] "Infineon is the number 1 in embedded security" (IHS, 2016 – IHS Embedded Digital Security Report).
Infineon bought theTaiwanese chip designerADMtek in 2004.[14][15] In 2006, the former Memory Products division was carved out as Infineon's subsidiaryQimonda AG, of which Infineon last held a little over three-quarters. At its height Qimonda employed about 13,500 people; it was listed on theNew York Stock Exchange until it filed for bankruptcy with the district court in Munich in January 2009.[16]
When Infineon sold Wireline Communications in July 2009 toGolden Gate Capital for €250 million,[17] the resulting company was namedLantiq. With around 1,000 employees,[18] Lantiq was acquired byIntel for US$345 million in 2015.[19] Infineon's wireless business segment was sold to Intel in January 2011 for US$1.4 billion,[20] with the resulting new company namedIntel Mobile Communications (IMC).[21][22] IMC had approximately 3,500 employees.[21][22] The smartphone modem business of IMC was acquired byApple Inc. in 2019.[23]
In August 2014 Infineon Technologies agreed to buy theInternational Rectifier Corporation (IR) for about US$3 billion,[24] one third by cash and two-thirds by credit line.[25] The acquisition was officially closed on January 13, 2015.[26] In July 2016, Infineon agreed to buy the North Carolina–based companyWolfspeed fromCree Inc. for US$850 million in cash,[27] although the deal was ultimately stopped due to US security concerns.[27][28] In October 2016, Infineon acquired the company Innoluce, which has expertise in MEMS andLiDAR systems for use inautonomous cars. The MEMS lidar system can scan up to 5,000 data points a second with a range of 250 meters, with an expected unit cost of $250 inmass production.[29][30] Infineon Technologies AG sold its RF Power Business Unit in March 2018 toCree Inc. for €345 million.[31] Infineon announced in June 2019 that it would acquireCypress Semiconductors for US$9.4 billion.[32][33] The acquisition closed on 17 April[34] of 2020.[35]
In May 2023, Infineon acquired "tiny machine learning" company Imagimob, aStockholm, Sweden–based company with a platform for development and deployment of AI applications.[36] Infineon acquired GaN Systems, headquartered inOttawa, Canada, in October 2023.[37] Infineon in 2023 acted on an expansion plan by investing EUR 5 billion into its semiconductor fab inKulim,Kedah,Malaysia.[38] As of 2023 Infineon was also planning to build two additional plants inDresden for €5 billion, asking the government to subsidize it with €1 billion, financed through the €4 billionEuropean Chips Act. It would employ 3000 people.[9]
| Year | 2013 | 2014 | 2015 | 2016 | 2017 | 2018[39] | 2019 | 2020[3] | 2021[3] | 2022[3] | 2023[3] | 2024[3] |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.843 | 4.320 | 5.795 | 6.473 | 7.063 | 7.599 | 8.029 | 8.567 | 11.060 | 14.218 | 16.309 | 14.995 |
| Net income | 0.272 | 0.535 | 0.632 | 0.743 | 0.790 | 1.075 | 0.870 | 0.368 | 1.28 | 2.179 | 3.137 | 1.301 |
| Assets | 5.905 | 6.438 | 8.741 | 9.087 | 9.945 | 10.879 | 13.412 | 21.999 | 23.334 | 26.912 | 28.439 | 28.639 |
| Employees | 26,725 | 29,807 | 35,424 | 36,299 | 37,479 | 40,100 | 41,418 | 46,665 | 50,288 | 56,194 | 56,800 | 56,065 |
In 2019 the following persons were in the following positions:[40]
In 2004–2005, an investigation was carried out into aDRAM price fixing conspiracy during 1999–2002 that damaged competition and raised PC prices. As a result,Samsung paid a $300 million fine,Hynix paid $185 million,Infineon $160 million.[42][43]
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 assmartcards andTPMs, enabled private keys to be inferred frompublic keys. As a result, all systems depending upon the privacy of such keys were vulnerable to compromise, such as identity theft or spoofing. Affected systems include 750,000Estonian national ID cards, 300,000Slovak national ID cards,[44] and computers that use MicrosoftBitLocker drive encryption in conjunction with an affected TPM.[45] Microsoft released a patch that works around the flaw via Windows Update immediately after the disclosure.[46]
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