Electronics Production | August 22, 2007
Siemens and Infineon in Energy JV
Siemens AG plans to enter a joint venture with Infineon Technologies AG to develop and manufacture a type of semiconductor to reduce energy consumption.
The companies have signed a memorandum of understanding for the venture, in which Infineon will hold a 60 percent stake. A final contract will be signed in September. The Thyristor semiconductors will be used by Siemens's Power and Distribution division to reduce and regulate energy consumption in high-voltage installations which distribute energy over long distances.