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Infineon Technologies AG (IFXGn.DE)

IFXGn.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Cree Inc says will be reintegrating Wolfspeed business into Cree
Wednesday, 22 Feb 2017 04:08pm EST 

Cree Inc : Cree Inc says will be reintegrating Wolfspeed business into Cree . Cree says will be eliminating Wolfspeed executive-level positions created in connection with originally planned initial public offering of Wolfspeed .Cree says Franco Plastina, Cree's executive vice president - Power and RF, and CEO of Wolfspeed business unit, has stepped down from those positions.  Full Article

Cree announces termination of Wolfspeed and Infineon sale transaction
Thursday, 16 Feb 2017 04:30pm EST 

Cree Inc : Cree announces termination of Wolfspeed and Infineon sale transaction . Cree Inc - wolfspeed to be reintegrated into cree . Cree Inc says termination of this transaction with infineon will trigger a termination fee of $12.5 million being paid to cree . Cree Inc - termination of this transaction with infineon will trigger a termination fee of $12.5 million being paid to Cree . Cree Inc - Cree and Infineon have been unable to identify alternatives which would address national security concerns of CFIUS .Cree Inc - Wolfspeed will now be reported as a separate segment of cree's continuing operations.  Full Article

Infineon says sees limited effect of Brexit on business
Thursday, 16 Feb 2017 06:50am EST 

Infineon : Ceo says sees extreme low probability that wolfpseed deal will succeed . C ceo says in talks with cfius about wolfspeed deal, can not give further details . Ceo says does not see immediate effect of tax plans of trump administration . Cfo says will appeal eu cartel decision at european court . Board member says it is not likely it can save wolfspeed deal with remedies . Management board member says will continue to participate in chip sector consolidation . Management board member says sees limited effect of brexit Further company coverage: [IFXGn.DE] (Frankfurt newsroom) ((+49 69 7565 1270; Reuters Messaging: frankfurt.newsroom@thomsonreuters.net)).  Full Article

Infineon CEO says expects to close Wolfspeed acquisition any time soon
Thursday, 2 Feb 2017 04:20am EST 

Infineon : CEO says expects to close wolfspeed acquisition any time soon Further company coverage: [IFXGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Infineon says Macom has not won patent lawsuit
Tuesday, 20 Dec 2016 11:39am EST 

Infineon Technologies AG says : Corrects misstatements made by Macom Technology Solutions . Contrary to press releases by Macom, the court has made no decision that Infineon has "acted improperly in trying to operate in Macom's exclusive field." . Infineon says lawsuit between Infineon Technologies AG, its subsidiary Infineon Technologies Americas Corp., and Macom Technology Solutions Holdings, Inc., is still in its early stages . The court has made no decision on the merits. Macom has neither won the case nor is settlement imminent . Macom had been willfully infringing patents owned by Infineon Americas by operating outside the scope of a license agreement. Macom admitted to the infringement but rejected Infineon America’s offer to broaden the license agreement to cover the infringement. Infineon Americas therefore terminated Macom's license in March 2016. . Macom then filed a complaint in the United States District Court for the Central District of California in Los Angeles. While no decision has been made on the merits, the court dismissed claims in Macom's second attempt at a complaint in October 2016.  Full Article

Infineon buys Innoluce in autonomous driving push
Tuesday, 11 Oct 2016 04:08am EDT 

Infineon Technologies AG :Buys Innoluce BV, a Dutch fabless semiconductor company headquartered in Nijmegen, to strengthen its position in automated driving.  Full Article

Infineon CFO says sees 2015/16 sales growth at 11.5-12 pct, oper margin of 15-16 pct
Tuesday, 2 Aug 2016 05:34am EDT 

Infineon Technologies Ag : Cfo says sees 2015/16 sales growth at 11.5-12 percent, operating margin of 15-16 percent Further company coverage: [IFXGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Infineon CFO sees no further weakening of smartphone market
Tuesday, 2 Aug 2016 04:33am EDT 

Infineon Technologies AG : CFO says already in sluggish smartphone market, we see no weakening beyond that Further company coverage: [IFXGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Wolfspeed has better operating margins than Infineon CFO says
Thursday, 14 Jul 2016 06:45am EDT 

Infineon : Cfo says wolfspeed business has better operating margins than infineon at the moment . Ceo says wolfspeed has gross margin of 55 percent and will grow by average 20 percent annually until 2020 . Cfo says there is positive booking trend at wolfspeed Further company coverage: [IFXGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Cree says buyer may be required to pay termination fee of $12.5 mln-$42.5 mln
Thursday, 14 Jul 2016 06:43am EDT 

Cree Inc :Says buyer may be required to pay Cree a termination fee ranging from $12.5 million to $42.5 million - SEC filing.  Full Article

More From Around the Web

Cree ends Wolfspeed deal with Infineon over U.S. security concerns

U.S. LED lighting maker Cree Inc said it would terminate a deal to sell its Wolfspeed Power and RF division to German chipmaker Infineon Technologies AG , citing security concerns raised by the U.S. government.