Infineon Makes Donation to Help Japan’s Natural Disaster Victims
Neubiberg, Germany – March 18, 2011 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is donating Euro 100,000 to the Japanese Red Cross Society to help Japan’s natural disaster victims.
Furthermore, Infineon’s Singapore office is making arrangements for humanitarian aid (worth Euro 100,000) in the form of batteries and drinking water for the crisis region.
“We are all dismayed at the extent of this incredible suffering and destruction in Japan. Although our colleagues and friends are safe and doing well, this disaster has changed their lives and the lives of all people living in Japan. We, at Infineon, are all personally committed to supporting the people during the country’s reconstruction,” says Peter Bauer, CEO of Infineon Technologies AG.
Infineon employs a little more than 100 people in Japan; 95 of whom are Tokyo-based. The semiconductor manufacturer has offered assistance for these employees to leave the region. It has rented accommodations and offices for employees and their families at further south situated locations in Osaka and Nagoya.
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 26,650 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).