Infineon Technologies : Syntronixs Asia becomes part of Infineon
November 29, 2021 at 04:10 am EST
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Syntronixs Asia becomes part of Infineon
Nov 29, 2021| Business & Financial Press
Munich, Germany, and Melaka, Malaysia - 29 November 2021 - Infineon Technologies (Malaysia) Sdn. Bhd. acquired Syntronixs Asia Sdn. Bhd., a Melaka-based electroplating company. Founded in 2006, Syntronixs Asia has a workforce of more than 500 people and has been a major service provider for Infineon since 2009. The company specializes in precision electroplating, a key process in the assembly process of semiconductors, which is required to ensure high quality and long-term reliability of Infineon's products.
"Infineon is committed to taking the necessary steps to continuously enhance our global manufacturing footprint," said Alexander Gorski, Executive Vice President, who is responsible for Infineon's global Backend Operations. Dr. Thomas Kaufmann, Executive Vice President and COO of Infineon's Automotive Division, said: "Through this acquisition, we have made another important step to strengthen the resilience of our supply chain".
Infineon maintains 13 backend sites worldwide, the largest of them located in Melaka. The parties agreed not to disclose the purchase price.
About Infineon
Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. With around 50,280 employees worldwide, Infineon generated revenue of about €11.1 billion in the 2021 fiscal year (ending 30 September) and is one of the ten largest semiconductor companies worldwide.
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
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INFXX202111-024
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Syntronixs Asia becomes part of Infineon
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Infineon Technologies AG published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 09:09:08 UTC.
Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems;
- other (0.1%).
Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).