Date: 04/08/2010

Infineon puts its wireless business on the transaction table

Infineon said it is in discussions with interested parties about a transaction concerning Infineon's segment Wireless Solutions (WLS). A significant progress has been made within these discussions. If we look at the media reports the names popping up are Intel, Samsung, and Broadcom.

Infineon says its WLS business with an annual revenue of Euro 917 million has contributed approx. 30 per cent to Infineon Technologies AG's total annual revenue of Euro 3,027 million in the past financial year.

WLS division of Infineon makes wireless semiconductor devices such as baseband processors, radio-frequency transceivers, power management ICs or complete single-chip solutions for well-known global mobile phone producers includuing Apple.