Wave Systems Corp. (fka WAVXQ)

[dude_danny]

O.T. Is Infineon up for sale?

Chinese may be eyeing it up

http://www.theinquirer.net/?article=26434
By Adamson Rust: Sunday 25 September 2005, 19:47

RUMOURS ARE CIRCULATING in the memory business that Infineon (tick: IFX) could be contemplating a sell off.
The rumours, and that's all they are at press time, is that Infineon is under some pressure from Siemens, which spun its semiconductor division as IFX some years ago. Siemens still holds a chunk of shares in IFX and has its own problems, which we've reported in other places.

The talk on the street is that Infineon has been chatting to both Nanya - part of giant Taiwanese conglomerate Formosa Plastics, and to Chinese would-be giant SMIC.

There is, so the same sources suggest, a special board meeting to be held on November 17th to discuss possible bids for the memory business.

But so far it's just rumours, and could well be sheer speculation. We'll see if we can contact the Dresden press office in the morning for an official denial or a no comment.

dude_danny