Qimonda - circa 2007 Qimonda
AG (NYSE: QI) is a leading global memory supplier with a broad diversified DRAM
product portfolio. The company generated net sales of 3.81 billion in its
2006 financial year and has approximately 13,000 employees worldwide. Qimonda
has access to five 300mm manufacturing sites on three continents and operates
six major R&D facilities. The company provides DRAM products for a wide
variety of applications, including in the computing, infrastructure, graphics,
mobile and consumer areas, using its power saving technologies and designs.
Further information is available at www.qimonda.com.
- mentions on StorageSearch.com
editor's notes:- in April 2008 - Infineon officially
announced that Qimonda is up for sale.
So it seems timely to extract
the article I wrote 2 years ago when Qimonda was first announced. I haven't
changed a word of the original text. See the sidebar on the right.
in January 2009 - Qimonda was bust - and announced it had called in
insolvency administrators for the company.
Semiconductors? Infineon Technologies? Qimonda?
the names change but the problems remain the same
|Munich, Germany - March 31, 2006 - Infineon
Technologies AG announced today more details of its makeover strategy.
The splitting out of its memory business group into a new company,
called Qimonda, will be effective on May 1st. Qimonda, headquartered in Munich,
will have the legal form of a German Aktiengesellschaft (AG) and will be the
world's 4th largest
DRAM company. The new
company will initially be a wholly owned subsidiary of Infineon but may be spun
off in an IPO later. ...Infineon
renamed storage companies
comments:- there are two root tensions behind the long running business
soap opera which predate the 1999 spin off of Siemens Semiconductors as
Infineon, and the next episode as Qimonda.
First - the DRAM business
has historically followed a pattern of boom to bust business cycles - which
makes it more like gambling than a sensible form of business investment. The
stakes required to stay in the game at each new cast of the DRAM technology
dice are huge.
not a good location to site the headquarters of a high tech world class chip
company. The local EU currency market is slow/no growing. Labor costs are high.
The best thing would have been for all assets to be taken out of Germany
altogether and moved to Asia or the US. Failure to do this in the past has had
more to do with top management comfort levels and arcane legal restrictions than
best business practice.
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