Electronics Production | August 23, 2010
Infineon: Decision on WS Segment coming soon
A decision regarding the Wireless Solutions Segment of German chip manufacturer Infineon is expected soon.
Discussions with interested parties about a transaction concerning Infineon’s segment Wireless Solutions (WLS) have progressed significantly. "Therefore, you can assume that a decision will not drag out very much longer", said Infineon Board member Hermann Eul in an interview with German FAZ. The company is currently looking into all options; a sale, a joint venture or the continuation within the group are options that are being discussed. Analysts estimate a possible purchase price to be between EUR 1.0 to 1.5 billion. There are many rumours about possible buyers or partners. The Wall Street Journal had recently cited Intel, Samsung and Broadcom as possibilities. However, no names have been confirmed.