Letter to the Shareholders
  Fiscal Year in Review
 
October-December 2000
 
January-March 2001
 
April-June 2001
 
July-September 2001
The IFX Share
Concentration
  Convergence
  Confidence
   
   
 


World Market

The market for chip card ICs used for security and banking applications collapses. Investments of the telecommunications industry for wireline solutions are quickly cut back. Network providers cancel orders from suppliers. The global market for PCs declines for the first time in history.

Semiconductor Industry

11.4. The price of Intel shares falls rapidly, due to Morgan Stanley's prognosis of a price decline for Pentium 4 microprocessors of up to 45 percent by the end of 2001.
17.4. Cisco Systems, the world's largest networking provider, announces lower than expected profits and revenues as well as plans to cut its workforce by 8,500 people.
23.4. Shares of semiconductor producers are downgraded by Merrill Lynch, on the grounds that the industry's downturn will not reach rock bottom for at least another three months.

Infineon Technologies

6.4. The first annual general shareholders' meeting since flotation votes in favor of a one-time dividend payment of 0.65 Euro per share for the record 2000 financial year.
11.4.
Infineon expands its presence in two high-growth market segments by introducing the world's fastest DDR memory for 3D graphic applications as well as a new memory chip for fast networking and high-speed cache applications.
23.4. Infineon begins equipping its production lines in Dresden for the world's first 300mm volume production.
24.4. Infineon reports second-quarter revenues in line with previous quarterly revenues, but a significant decline in EBIT.
30.4. Infineon announces the acquisition of the U.S. company Catamaran Communications operating on the optical networking component market.
8.5. Infineon and Saifun establish a joint venture to develop flash memory products.
10.5./13.8. A U.S. jury finds Rambus liable for fraud. All patent infringement claims against Infineon are dismissed. Infineon is granted punitive damages.
20.6. Infineon announces third-quarter losses of 600 million Euro due to weak market conditions.
28.6. Vishay acquires Infineon's infrared components business for 140 million Euro.

* The dates provided generally refer to the day and month a public announcement has benn made and not to the actual time the particular event took place.


Search
HelpSelect
Select your language
HelpSelect