Infineon (IFNNY)

[Eric]

Infineon OTC ADSs on OTCQX: IFX (NYSE) -->IFNNY (OTCQX)

IFNNY closed Friday on OTCQX Pink Sheets at $2.48. The 52 week high was $11.08 and the 52 week low was $0.46.

http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IFNNY&selected=IFNNY

Infineon’s ordinary shares continue to be traded on the Frankfurt Stock Exchange as IFXGy (IFXGy.F). IFXGy closed the week yesterday at €1.87 on that exchange. The 52 week high was €7.17 and the 52 week low was €0.38.

http://www.reuters.com/finance/stocks/overview?symbol=IFXGy.F

>> Infineon Technologies Joins OTCQX

SOURCE: Pink OTC Markets Inc.
Marketwire (New York, NY)
April 24, 2009

http://www.marketwire.com/press-release/Pink-Otc-Markets-Inc-OTCQX-IFNNY-979395.html

Pink OTC Markets Inc., the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Infineon Technologies AG (OTCQX: IFNNY), the leading German semiconductor manufacturer, has chosen to list its American Depositary Receipts (ADRs) on OTCQX. Infineon Technologies' ADRs began trading today on the OTC market's highest tier, OTCQX International Premier, where investors can find current disclosure and financial information on the company ... available on:

http://www.otcqx.com and http://www.pinksheets.com

"As an OTCQX-listed company, Infineon Technologies maintains their visibility to the U.S. investor community and associates itself with some of the highest quality companies traded over-the-counter," said R. Cromwell Coulson, Chairman and CEO of Pink OTC Markets. "We welcome Infineon Technologies to our growing list of OTCQX issuers."

Deutsche Bank will serve as Infineon Technologies' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on listing requirements.

Infineon Technologies' ADRs will trade in the United States on OTCQX under the ticker "IFNNY" where each ADR will represent one ordinary share. Infineon Technologies' shares are listed on Frankfurt Stock Exchange. The company's headquarters are in Neubiberg, Germany.

About Infineon Technologies [See final entry here] ###

About OTCQX

OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified non-U.S. exchange and provides ongoing disclosure in English to U.S. investors. More importantly, OTCQX distinguishes the reputable international issuers from the 9,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier OTCQX, which commenced trading on March 5, 2007. For more about OTCQX, visit www.otcqx.com.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. We create innovative technology and data solutions to efficiently connect market participants, improve price discovery, increase issuer disclosure, and better inform investors. Pink OTC Markets operates the third largest U.S. equity trading venue which includes both the elite OTCQX market tiers for strong OTC-traded companies that can satisfy financial and disclosure listing standards and Pink Sheets for all other OTC quoted securities.

Over 230 financial service firms, including the ten largest U.S. investment banks, actively make markets in OTCQX and Pink Sheets quoted securities and in 2008 these firms traded over $130 billion of OTCQX and Pink Sheets securities. Pink OTC Markets offers widespread access to all U.S. broker-dealers, enabling investors to seamlessly trade these securities through their institutional, online, or full service brokers.

Pink OTC Markets is headquartered in New York City. ###

>> Infineon Voluntary Delists from New York Stock Exchange

Infineon Business & Financial Press Eelease
Neubiberg, Germany
April 3, 2009

http://www.infineon.com/cms/en/corporate/press/news/releases/2009/INFXX200904-048.html

Infineon Technologies AG today announced that it has applied to voluntarily delist its American Depositary Shares (“ADSs”) from the New York Stock Exchange (“NYSE”). The Company expects that the delisting will take effect on April 24, 2009, and that as of that date, the ADSs will no longer be traded on the NYSE. Infineon intends to file for deregistration and termination of its reporting obligations under the Securities Exchange Act of 1934 (the “Exchange Act”) as soon as possible following the first anniversary of the delisting.

The Frankfurt Stock Exchange represents Infineon’s principal trading market, with trading on the NYSE accounting for a relatively low percentage of trading of its ADSs and ordinary shares on a worldwide basis. Infineon has therefore weighed the benefits of listing on the NYSE against the associated costs and reached the decision that continuing the listing of the ADSs is no longer commercially justifiable.

Infineon will maintain its ADS facility as a “Level I” program and pursue a listing of its ADSs on the over-the-counter market OTCQX. Infineon’s ordinary shares will continue to be traded on the Frankfurt Stock Exchange, and the Company will continue to comply with the rigorous German disclosure and transparency requirements. Infineon will continue to publish its financial reports, press releases and other information in English for investors on its website.

After delisting and until deregistration is effective, Infineon will comply with its reporting obligations under the Exchange Act. After deregistration, Infineon will continue to maintain the level of disclosure expected by the international financial markets. ###

>> About Infineon Technologies AG (Infineon)

http://www.reuters.com/finance/stocks/companyProfile?symbol=IFXGy.F

Infineon Technologies AG (Infineon) is a semiconductor company. The Company designs, develops, manufactures and markets a range of semiconductors and complete systems solutions used in a variety of microelectronic applications, including computer systems, telecommunications systems, consumer goods, automotive products, industrial automation and control systems, and chip card applications. Its products include standard commodity components, full-custom devices, semi-custom devices and application-specific components for memory, analog, digital and mixed-signal applications. The Company has operations, investments and customers located in Europe, Asia and North America. Infineon operates through its five business segments: Automotive, Industrial and Multimarket, Chip Card and Security, Wireless Solutions and Wireline Communications. Infineon’s memory products business is conducted through its subsidiary, Qimonda AG (Qimonda).

During the 2008 fiscal year, Infineon completed two business acquisitions. In October 2007, it acquired the mobility products business of LSI. The acquired business develops semiconductors and software for mobile phone platform solutions. In April 2008, the Company acquired Primarion, Inc (Primarion) that is active in the designing, manufacturing and marketing digital power integrated circuits (ICs) for computing, graphics and communication applications. During the 2008 fiscal year, Infineon completed three business divestitures. In November 2007, Infineon entered into a joint venture agreement with Siemens AG (Siemens), whereby the Company would contribute all assets and liabilities of its high power bipolar business (including licenses, patents, and front-end and back-end production assets) into a newly formed legal entity called Infineon Technologies Bipolar GmbH & Co KG (Bipolar) and Siemens would acquire a 40% interest in Bipolar. In April 2008, LSI Corporation announced that it has completed the purchase of the assets of the Infineon’s hard disk drive semiconductor (HDD) business, which designs, manufactures and markets semiconductors for HDD devices. In August 2008, the Company divested its bulk acoustic wave filter business (BAW) to Avago Technologies Ltd (Avago) and entered into a supply agreement through December 2009 with Avago. The BAW business designs, manufactures and markets cellular duplexers for narrowband code division multiple access (N-CDMA) and wideband code division multiple access (W-CDMA) applications and filters for global positioning System (GPS).

Automotive: The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications. Together with its product portfolio, Infineon offers corresponding system know-how and support to its customers.

Industrial and Multimarket: The Industrial and Multimarket segment designs, develops, manufactures and markets semiconductors and complete system solutions primarily for use in industrial applications and in applications with customer-specific product requirements.

Chip Card and Security: The Chip Card and Security segment designs, develops, manufactures and markets semiconductors and complete system solutions primarily for use in chip card and security applications.

Wireless Solutions: The Wireless Solutions segment designs, develops, manufactures and markets a range of ICs, other semiconductors and complete system solutions for wireless communication applications.

Wireline Communications: The Wireline Communications segment designs, develops, manufactures and markets a range of ICs, other semiconductors and complete system solutions focused on wireline access applications.

Qimonda: Qimonda designs semiconductor memory technologies and develops, manufactures, and markets a variety of memory products with various packaging and configuration options, architectures and performance characteristics on a chip, component and module level. Qimonda offers dynamic random access memory (DRAM) products for infrastructure, graphics, mobile and consumer applications, as well as standard DRAM products for personal computers (PCs), notebooks and workstations. Qimonda’s portfolio of DRAMs for use in servers, networking and storage equipment includes fully-buffered dual-in-line memory modules (FB-DIMMs), which Qimonda serves as the next generation of memory device used in high-end servers, and very-low-profile-DIMMs, intended for the blade server market. Qimonda offers a portfolio of graphics DRAMs that support applications with performance ranging from entry level to advanced. Qimonda offers low-power specialty DRAM products, such as Mobile-RAM and CellularRAM that are suited for use in a variety of mobile and consumer applications, such as mobile phones; mobile consumer products, such as digital still cameras and digital audio players, and stationary consumer products, such as digital televisions and digital versatile disc (DVD) recorders. In addition to DRAMs for infrastructure, graphics, mobile and consumer applications, Qimonda offers a portfolio of standard DRAM products that provide a variety of speeds, configurations and densities suited to particular end uses. In 2008, Qimonda sold the majority of its standard DRAM products for use in PCs and workstations to desktop and notebook computer manufacturers and to distributors who sell DRAMs to small original equipment manufacturers (OEMs) and contract manufacturers. ###

Infineon's website is at:

http://www.infineon.com/cms/en/product/index.html

- Eric -