Infineon Technologies AG (NYSE:IFX) Please check out this nice German company. Already earning. 8th largest semi conductor company in the world and #1 in Europe. I really like the foreign semis.
Infineon Now Ranks Number 8 Worldwide in the Semiconductor Industry -- Up Two Places From Number 10 in 1998
Business Wire - April 13, 2000 19:13
MUNICH, Germany--(BUSINESS WIRE)--April 13, 2000--Infineon Technologies' (NYSE:IFX) strategy of growth, productivity increase and focus on fast growing market segments turns out to be successful.
The company now ranks number 8 worldwide among semiconductor vendors according to the final annual 1999 Dataquest report. Infineon increased its sales by 33.6% and is now the highest ranked European company in the semiconductor industry. In 1998 Infineon held position 10 in the ranking coming from a number 19 position in 1993. Thanks to its globalization strategy, Infineon grew extraordinarily in the Asia Pacific region where the company was ranked number 10 with a 68.3% sales increase, up five places from the previous year.
In total, the Asia Pacific region was the largest growth region with a 31.7% increase in 1999, a 24.9% share of the total world market. In Europe, Infineon Technologies remained number 2 among world-wide vendors with a 17.7% increase from 1998's final revenue while the semiconductor market in Europe grew 12.7% in 1999. In the U.S.A. Infineon was ranked number 13, up three places from 1998.
"In comparison to the industry average, Infineon benefited to a greater extent from significantly improved productivity and from the general upswing in the semiconductor industry. We further strengthened our position in less cyclical semiconductor markets, notably in the communications business, and established a stable earnings stream by making our product portfolio even more well-balanced," said Dr. Ulrich Schumacher, president and CEO of Infineon Technologies AG.
After three years of low or negative growth, in 1999 the semiconductor industry reached a 19% growth with a record revenue of U.S. $ 149 billion overshadowing the previous record from 1995 of U.S. $ 144 billion (source: World Semiconductor Trade Statistics.)
Productivity increase plays a vital role in Infineon's mission to provide leading edge products world-wide. To enhance this development, Infineon recently announced the commencement of a 300mm semiconductor module at the existing location in Dresden. Using 300mm process technology, Infineon plans to significantly reduce the costs per chip and considers mass production in 300 millimeters to be an important factor for competitive semiconductor production. Approximately two-and-a-half times as many chips can be produced on these larger wafers with this new technology compared with the 200mm technology.
About Infineon
Infineon Technologies AG, Munich, Germany, offers semiconductor solutions for applications in the wireless and wired communications markets, for the automotive and industrial sectors, for security systems and chip cards as well as memory products. With a global presence, Infineon operates in the U.S. from San Jose, Calif., and in the Asia-Pacific region from Singapore. In the fiscal year 1999 (ending September), the company achieved sales of Euro 4.24 billion (U.S. $ 4.51 billion) with about 26,000 employees worldwide. The company is listed on the main market segment (Amtlicher Handel) of the Frankfurt Stock Exchange and at the New York Stock Exchange (ticker symbol:IFX).
Further information at www.infineon.com.
Top Ten worlwide companies' final 1999 vendor revenue from
shipments of semiconductors to the world (millions of U.S. Dollars)
1998 Final 1999 Company Final 1998 Final 1999 Growth (%)
Rank Rank Revenue Estimates 1998-1999
1 1 Intel 22,784 26,806 17.7
2 2 NEC 7,947 9,210 15.9
4 3 Toshiba 5,913 7,618 28.8
6 4 Samsung 4,743 7,125 50.2
5 5 Texas Instruments 5,820 7,120 22.3
3 6 Motorola 7,088 6,394 -9.8
7 7 Hitachi 4,668 5,554 19.0
10 8 Infineon 3,909 5,223 33.6
9 9 STMicroelectronics 4,199 5,077 20.9
8 10 Philips 4,448 5,074 14.1
Source: Dataquest (March 2000)
Any statements in this document that are not historical facts are forward-looking statements that involve
Power Semiconductors From Infineon Win Award At SAE World Congress 2000
Monday, April 17, 2000 09:05 AM Mail this article to a friend
MUNICH, Germany--(BUSINESS WIRE)--April 17, 2000--At this year's SAE World Congress in Detroit, Michigan/U.S.A, Infineon Technologies received the Tech 2000 Award presented by "Automotive Engineering International" magazine for its "smart switches"- power semiconductors. Anton Mueller, Vice President of Sales & Marketing for Automotive & Industrial at Infineon Technologies, accepted the award from Lawrence Schneider, the publisher of the magazine, and editor-in-chief Daniel Holt. Approximately 1,200 exhibitors participated at the world's largest trade show for automotive technologies drawing about 50,000 attendees from March 6 to March 9. Fifty automotive suppliers received special awards for their innovative products, including two manufacturers of semiconductors.
In the automotive supply industry, Infineon Technologies ranks among the top semiconductor manufacturers worldwide. Many automotive manufacturers now use the prize-winning "smart power switches and bridges" produced by Infineon to switch and protect electrical motors, headlights and other electrical components. They also control electrical engine management and such safety applications as ABS and airbags.
"Our smart power strategy of using silicon instead of heat sinks reduces system costs and supports the trend towards miniaturization," said Anton Mueller. "The highly integrated multi-channel switches set new standards in diagnostic and overload protection."
The integrated circuits reduce board space and lower component count overall. Unsafe conditions such as overload, overheating, open load or short-to-ground are detected early and reported to the microcontroller system.
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