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CeBIT: Siemens semiconductors to be floated as 'Infineon'
On 1st April Siemens will separate its semiconductor division from the main group, and will float it on the stock market. In the future the division will trade under the name of "Infineon Technologies".
According to Siemens, Infineon's 25000 employees places it in 10th position among the largest worldwide semiconductor manufacturers by size. In the last financial year the division had a 1.2 billion Mark deficit despite a 6.7 billion Mark turnover.
Thanks to ZDNet Germany for this report. Translated by Sophie Handrick
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