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S.Korea Samsung says not interested in Infineon

Wed Nov 25, 2009 12:19am EST

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SEOUL, Nov 25 (Reuters) - Samsung Electronics (005930.KS), the world's top maker of memory chips, said on Wednesday market speculation that it may bid for German chipmaker Infineon (IFXGn.DE) was untrue.

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"Such talk is untrue," said Samsung spokesman James Chung. "We have never studied the possibility."

Shares in Infineon rose on Tuesday, with traders pointing to speculation that Samsung may make a bid for the company. Infineon declined to comment on the speculation.

(Reporting by Marie-France Han and Kim Yeon-hee; editing by Jonathan Hopfner) ((Reuters Messaging: mf.han.reuters.com@reuters.net; mf.han@thomsonreuters.com +822 3704 5667))

((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com))
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