Now it is being reported that Infineon’s board, meeting on November 17, 2005, may split off the DRAM business and sell it via an IPO. Read the November 15, 2005, EETimes article here.
However and whenever Infineon flushes its DRAM business, it is certain that the sink of the Munich Germany based company will be crusted with scum.
Techworld.com nicely summed Infineons woes:
- Infineon was embroiled in EU and US price-fixing investigations in early March last year.Read the entire techworld.com article here.
- It's CEO resigned later that month for 'personal reasons'.
- A Siemens' putsch forced more executives out.
- Investments were announced for its Richmond, USA, DRAM plant in April.
- Notwithstanding this there was speculation that it was getting out of the DRAM business in May, 2004.
- In September, 2004, Infineon pleaded guilty to price-fixing.
- In December, 2004, it was still involved in a patent dispute with Rambus.
- This suit was settled in March, 2005, with Infineon agreeing to pay Rambus royalties going forward.
- In June, 2005, it was selling off non-core businesses to concentrate on memory production.
- In July, 2005, the head of the Infineon memory chip business resigned in a furore over motor racing sponsorship deals.
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