| Infineon spin-off to be called Qimonda |
| Author: Rodrigo Chia | Date: March 31, 2006 - 1:14 PM PST |
| Category: Memory
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| More Info: http://www.infineon.com |
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German Infineon Technologies today said that its memory spin-off will be called Qimonda. The new company will start operations on May 1 with current memory products business group head Kin Wah Loh as CEO. Qimonda will remain a wholly owned subsidiary of Infineon, but it will look at IPO opportunities. Infineon, meanwhile, will focus on producing semiconductors for automotive, industrial, security and communications electronics.
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