Bombardier Transportation and Infineon Enter into Strategic Partnership in the Field of Drive Electronics for Locomotives, High-Speed and Metro Trains
Joint news release by Bombardier and Infineon Technologies
Neubiberg, Germany – October 6, 2011 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and Bombardier Transportation have entered into a strategic partnership in the field of drive electronics for advanced rail vehicles. The agreement envisages the supply of semiconductor components by Infineon to Bombardier in the course of the coming five years. These power semiconductors enable energy-efficient control of electric motors in locomotives, high-speed trains, underground and urban railways. Infineon will ensure supplies by reserving manufacturing capacity for Bombardier. Bombardier will contribute towards the investment costs required. Furthermore, the two companies will join forces in developing the drive electronics for trains with a view to optimizing the energy efficiency and reliability.
“In forming this strategic partnership, we aim to strengthen our successful long-term collaboration. Infineon and Bombardier are combining many years of experience in our respective areas of expertise to continually optimise drive electronics for our customers’ benefit,” says Pierre Attendu, Vice President Operations and Chief Procurement Officer of Bombardier Transportation.
“Our new generations of IGBT modules are designed to meet the challenging application requirements posed by deployment in advanced trains and metro rail systems. In partnering with the experts of Bombardier Transportation, we aim to raise the energy efficiency and reliability of the drive electronics yet further,” says Arunjai Mittal, Division President of the Industrial & Multimarket Division at Infineon Technologies.
IGBT modules (Insulated Gate Bipolar Transistors) are so-called power semiconductors used in high voltage operation between several hundreds to thousands of volts. These Power semiconductors are noted for high efficiency and fast switching with high-current handling capability and can hence control multi-megawatt electric motors (1 megawatt equals 1,360 horsepower) with minimum power losses. IGBTs permit variable speed and torque control of the electric motor.
Drive electronics for railway applications represents a significant growth market, particularly considering the railway network expansion in and between the megacities of emerging countries with large populations, such as China and India. According to government sources, China intends to invest around Euro 80 billion in new railway lines in 2011. In the coming five years new routes covering a total length of 30,000 kilometers are to be built in China – that is nearly equivalent to Germany’s entire railway network and signifies investments of approximately Euro 300 billion. According to the government’s blueprint, China’s railway network will serve more than 90% of the population by 2020.
Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2010 fiscal year (ending September 30), the company reported sales of Euro 3.295 billion with approximately 26,650¹ 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). Further information is available at www.infineon.com.
¹ Mentioned number of employees contains about 3,075 employees of the wireless mobile phone business (Wireless Solutions), which was sold to Intel Corporation.
About Bombardier Transportation
Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies – built on the four cornerstones of energy, efficiency, economy and ecology – conserve energy, protect the environment and help to improve total train performance. Bombardier Transportation is headquartered in Berlin, Germany and has a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide.
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended January 31, 2011, were $17.7 billion, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com or follow us on Twitter @BombardierRail.
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