Billion-dollar deal: Focus on AI chips: Infineon sells part of its memory business
The Taiwanese chip manufacturer Winbond is taking over the division for around one billion euros. With the sum, Infineon wants to focus even more on central growth drivers.
Infineon is selling part of its memory chip business to Taiwanese competitor Winbond for around 1 billion euros. The deal includes a portfolio of NOR-Flash and F-RAM products, and around 350 employees from 10 countries will move to Winbond. Infineon will lose around 350 million euros in revenue as a result, and will have the products manufactured by contract manufacturers in the future.
The transaction is expected to be completed in the second half of 2027, and Winbond plans to operate the acquired business as a standalone company based in Silicon Valley.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
