Infineon Makes a Donation to Pakistan
Neubiberg, Germany – August 24, 2010 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has decided to make a donation of Euro 100,000 to Pakistan flood victims.
“We are dismayed at the extent of this disaster of the century in Pakistan and feel obligated to help those in great need,” says Peter Bauer, CEO of Infineon Technologies AG.
The donation will go to the population through the alliance of German relief organizations (Aktion Deutschland Hilft), the German Red Cross (Deutsches Rotes Kreuz) and the organization for children’s aid (Kindernothilfe). Each of the relief organizations will receive about one third of the sum.
Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, communications, and security. In the 2009 fiscal year (ending September), the company reported sales of Euro 3.03 billion with approximately 25,650 employees worldwide. With a global presence, Infineon operates through its subsidiaries in the U.S. from Milpitas, CA, in the Asia-Pacific region from Singapore, and in Japan from Tokyo. 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).