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Technology Stocks : Novellus

NVLS 2.400

+2.1%

Jul 24 5:00 PM EST

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From: etchmeister	4/17/2008 12:50:48 AM
	of 3813

Infineon invests in Cu technology, expands capacity (did Kumar figure out the difference between bookings and billings? -don't hold your breath for the analyst community) Christoph Hammerschmidt EE Times Europe (04/15/2008 8:26 AM EDT) MUNICH, Germany — Infineon will switch production in its Dresden fab from aluminum to copper conductive path technology. Along with the conversion, it will expand its manufacturing capacity and save 110 jobs endangered by Qimonda's plans to cut back on Dresden production. The move is the result of consultations with the worker's council, explained a company spokesperson. After Infineon memory chip subsidiary Qimonda had announced to cut back on the production of 200mm wafers in Dresden past November, Infineon in lockstep had to cut about 600 production jobs. Of these jobs, 110 can be saved through the investment in question. For 2009 and 2010, Infineon now will invest €30 million (about $47 million) on top of the existing budget. The investment will be used to convert the logic chip production to the advanced copper technology. The installation of the equipment will increase the productivity, boosting the capacity from presently 8000 waferstarts per month to 8500 waferstarts per month. The Dresden facility process 200mm wafers. In addition, the company plans to establish a wafer test center in Dresden.

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