Further Streamlining of Corporate Structures - Infineon Outsources Major Real Estate and Facility Management Functions
By outsourcing real estate and facility management we are systematically pursuing our restructuring program following the successful spin-off of our SAP support activities, various HR functions, and our distribution centers in America and Asia, said Dr. Knut Merten, Head of Business Reengineering & Benchmark of Infineon Technologies. Apart from cutting our costs were also aiming to boost quality and productivity. Greater flexibility will also enable us to adjust faster to changing conditions in the semiconductor industry.
Routine activities and the detailed planning of operation and of routine and preventive maintenance in the relevant sectors will be carried out by the prime contractors, though Infineon will retain overall responsibility, including strategic decision-making powers. Excluded from outsourcing is cleanroom servicing (supplying water, air conditioning, vacuum, electricity, etc.), which Infineon will continue to provide in full on its own account.
According to the agreements, the relevant functions will be transferred to Infineons outsourcing partners in the first half of calendar year 2004. Real estate and facility management for Infineons locations in Munich, Regensburg, Dresden, Warstein (Germany), Villach (Austria), Porto (Portugal), and Cegléd (Hungary) will transfer to Dussmann AG & Co KGaA. The prime contractors will then be responsible for infrastructure (including cleaning of buildings and outdoor spaces, and security), technical (including maintenance of the buildings and outdoor spaces) and commercial activities (including leasing agreement and space management). Furthermore, it is planned that he will also take care of catering requirements (works canteens, conference catering, etc.). Operation of the gas and chemicals supply and distribution system in Dresden will be handled by Air Liquide GmbH, and by Kinetics GmbH at the Regensburg, Munich, Villach, Porto, Warstein and Cegléd locations.
Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for the automotive and industrial sectors, for applications in the wired communications markets, secure mobile solutions as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In fiscal year 2003 (ending September), the company achieved sales of Euro 6.15 billion with about 32,300 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com.