Analysis

Infineon in discussions with interested parties for Wireless Solutions Segment

4th August 2010
ES Admin
0
Infineon Technologies AG is in discussions with interested parties about a transaction concerning Infineon’s segment Wireless Solutions (WLS). A significant progress has been made within these discussions. The objective of a potential transaction is the strategic development of the segment Wireless Solutions (WLS). With an annual revenue of Euro 917 million, WLS has contributed approx. 30 per cent to Infineon Technologies AG’s total annual revenue of Euro 3,027 million in the past financial year. Infineon views the positive development and position of the profitable segment as the main reason for the display of a strategic interest in the segment by several companies.
Over the past few years, Infineon has successfully developed the WLS segment. WLS today holds leading positions in the field of cellular platforms for the rapidly growing market segments smart phones and ultra-low-cost/entry phones. For these platforms, WLS provides baseband processors, radio-frequency transceivers, power management ICs or complete single-chip solutions as well as the corresponding system software. Numerous well-known global mobile phone producers count among the clients of Infineon’s WLS segment.

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