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INFINEON TECHS AG S/ADR - IFNNY STOCK NEWS

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Infineon Technologies AG S/ADR (IFNNY) is a global leader in semiconductor solutions. With a focus on innovation and quality, Infineon plays a crucial role in advancing technology and shaping the future. Their products enable efficient energy use, environmentally-friendly mobility, and security in a connected world. Infineon's team, comprised of individuals from over 90 countries, exemplifies their commitment to success and responsible business practices.

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United Microelectronics Corporation (UMC) was awarded the title of “Best Silicon Foundry (CMOS)” by Infineon Technologies AG during the 2022 Global Supplier Day in Kuala Lumpur on October 13. This recognition highlights UMC's commitment to excellence in manufacturing and support for customers amid supply chain challenges. UMC has maintained a strong partnership with Infineon for over 20 years, focusing on high-quality IC fabrication services and technologies relevant to the automotive sector and emerging markets like 5G and AIoT.

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VinFast and Infineon Technologies announced an extension of their partnership during the OktoberTech™ Asia Pacific 2022 Technology Forum. They will establish a joint application competence center focusing on electromobility, set to open in Q1 2023. This center will enhance VinFast's development of next-gen smart mobility solutions, including a new electric drive train. The collaboration emphasizes supply chain stability and aims to leverage Infineon's semiconductor expertise to boost production efficiencies and accelerate VinFast's competitiveness in the global EV market.

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Infineon and Edge Impulse have partnered to enhance the ModusToolbox™ ecosystem, enabling seamless configuration of the PSoC™ 6 microcontroller series for machine learning applications. This collaboration allows Edge Impulse Studio users to easily develop and deploy low-power, AI models optimized for edge environments using data from integrated sensors. With the PSoC™ 6's advanced architecture and connectivity options, developers can create sophisticated IoT and wearable solutions. This partnership signals a significant advancement in the accessibility of machine learning for edge devices.

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Anker Innovations has announced a partnership with top industry leaders in Gallium Nitride (GaN) technology to create advanced charging solutions. This collaboration includes Infineon and Navitas, enabling Anker to develop higher-watt GaN chargers capable of over 100W output, boasting system efficiency rates of up to 97%. Their technology promises reduced energy loss and a 30% smaller carbon footprint compared to legacy solutions. Anker's new chargers will feature the latest version of PowerIQ for optimized charging, with a virtual launch event scheduled for July 25, 2022.

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Infineon Technologies AG, represented by its collaboration with pmdtechnologies, is gearing up for the launch of the Magic Leap 2, an advanced augmented reality device. This headset, set for release later this year, features industry-leading optics and 3D indirect-Time-of-Flight (iToF) technology that enhances operational efficiency in enterprise settings. With a focus on precision and reduced power consumption, the technology aims to revolutionize industrial and medical applications by providing immersive user experiences and improved collaborative capabilities.

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Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has transitioned its Austin semiconductor factory, Fab25, to operate on 100% renewable energy, achieving a key milestone in its carbon neutrality goal for all US sites by the end of 2022. This facility, which employs over 1,000 people and produces one billion semiconductor chips annually, will utilize renewable power sourced from local wind farms via Austin Energy. Infineon's commitment to sustainability has been evident since it aimed for carbon neutrality in 2020, emphasizing energy-efficient technologies that contribute to greater eco-friendliness.

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Winbond Electronics and Infineon Technologies have launched HYPERRAM 3.0, a new high-bandwidth memory solution designed for IoT applications. This third generation operates at 200MHz with a data-transfer rate of 800MBps, doubling previous capabilities. HYPERRAM 3.0 features a low pin count and is optimized for applications requiring off-chip memory, making it suitable for devices such as wearables and automotive systems. The 256Mb devices are currently sampling, aiming to enhance performance in power-constrained environments while maintaining low power consumption.

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Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) will showcase its innovation at CES 2022 under the theme 'Reimagine Innovation,' presenting a portfolio of solutions for IoT, automotive, and more. Key highlights include XENSIV™ radar sensors, REAL3™ 3D imagers, and AIROC™ Bluetooth devices. Infineon will also participate in a panel discussion on radar technology. The company’s XENSIV PAS CO2 sensor received a CES 2022 Innovation Award in the 'Smart Cities' category. The exhibition will be held from January 5-8, 2022, at The Venetian Hotel and Las Vegas Convention Center.

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Infineon Technologies has joined the Connectivity Standards Alliance (CSA) Board of Directors as a Promoter Member, emphasizing its commitment to IoT standards. Represented by Skip Ashton, Infineon's leadership aims to influence the future of IoT through contributions to initiatives like Matter. The company's expertise in smart home technology and security enhances the CSA's efforts. Infineon has been actively involved since joining in 2020, contributing to various working groups and showcasing its Matter-ready solutions.

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FAQ

What is the current stock price of INFINEON TECHS S/ADR (IFNNY)?

The current stock price of INFINEON TECHS S/ADR (IFNNY) is $33.08 as of October 15, 2024.

What is the market cap of INFINEON TECHS S/ADR (IFNNY)?

The market cap of INFINEON TECHS S/ADR (IFNNY) is approximately 42.8B.

What does Infineon Technologies AG S/ADR (IFNNY) specialize in?

Infineon is a global leader in semiconductor solutions, focusing on innovation, quality, and sustainability.

How does Infineon contribute to a better future?

Infineon contributes to a better future through efficient energy use, environmentally-friendly mobility, and security solutions for a connected world.

What makes Infineon a reliable partner?

Infineon's products are developed with passion, manufactured with precision, and their team's commitment to success makes them a trusted partner.

What challenges does Infineon solve for society?

Infineon tackles critical challenges such as efficient energy use, eco-friendly mobility, and security in a connected world.

How diverse is Infineon's team?

Infineon's team comprises men and women from over 90 countries, making it a successful international company with a diverse skill set.

What values guide Infineon's operations?

Infineon values entrepreneurship, creativity, commitment, and responsibility towards society, combining business success with ethical behavior.

What is Infineon's approach to semiconductor technology?

Infineon understands how semiconductors enhance modern technology's performance, shaping both current and future innovations.

Why is Infineon considered a reliable partner for customers?

Infineon's products are developed with passion, manufactured with precision, and their commitment to success makes them a trusted and reliable partner.

How does Infineon mitigate its environmental impact?

Infineon takes a conscientious approach to natural resource utilization, focusing on efficient energy use and environmentally-friendly solutions.

How does Infineon contribute to shaping the future of technology?

Infineon enables solutions that shape modern technology and people's lives, driven by innovation, quality, and a commitment to success.

INFINEON TECHS AG S/ADR

OTC:IFNNY

IFNNY Rankings

IFNNY Stock Data

42.81B
1.30B
0.39%
0.05%
Semiconductors
Technology
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United States of America
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