Infineon Technologies AG / Miscellaneous
24.04.2008
Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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The Infineon subsidiary Qimonda AG releases the following press
announcement:
Qimonda and Elpida to Form Technology Partnership Alliance for Joint
Development of 4F2 DRAM Cell
Munich/Germany, Tokyo/Japan - April 24, 2008 Qimonda AG (NYSE:QI) and
Elpida Memory, Inc. (Tokyo SE: 6665), both leading global memory suppliers,
today announced that they have signed a Memorandum of Understanding for a
technology partnership on joint development of memory chips (DRAMs). In the
planned cooperation, Qimonda will provide its know-how with the innovative
Buried Wordline technology and Elpida its advanced stack capacitor
technology. The strategic technology cooperation will leverage the strength
of both companies to accelerate their roadmap to DRAM products featuring
cell sizes of 4F2. The companies plan to introduce the jointly developed
innovative 4F2 cell concept in the 40nm generation in calendar year 2010
and to subsequently scale it to the 30nm generation.
The companies plan to jointly develop technology platforms and design rules
to enable both exchange of products and potential manufacturing joint
ventures. Both companies target to align their development activities at
their respective sites in Hiroshima and Dresden, including the exchange of
engineers. Additionally, the companies also have agreed to explore joint
development opportunities in the areas of Through Silicon Via Technology
and future memories.
Following todays Memorandum of Understanding, Qimonda and Elpida expect to
conclude their negotiations and finalize definitive agreements in due
course.
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Information and Explaination of the Issuer to this News:
'This strategic cooperation with Elpida is a tremendous endorsement of our
innovative Buried Wordline technology,' said Kin Wah Loh, President and CEO
of Qimonda AG. 'Qimonda will leverage this partnership to significantly
accelerate the introduction of small 4F2 cell sizes. This technology
alignment of two major DRAM innovators creates excellent opportunities for
greater economies of scale in R&D and future joint manufacturing
activities.'
Yukio Sakamoto, President and CEO of Elpida said 'Our R&D effort has given
us the lead in DRAM technology. In the tough, competitive industry that we
are in, however, faster and more efficient development of new process
technologies is becoming critically important. We believe this joint
development agreement with Qimonda will further accelerate and strengthen
our technology leadership, putting us on a path to the top position in the
DRAM market.'
Conference Call
Qimonda will host a conference call today for its analyst and investors at
9:00am EST, 6:00am PST, 2:00pm GMT, and 3:00pm CET to discuss the
partnership between the company and Elpida. The dial-in phone numbers for
the conference call are +1 718 354 1389 (US), +44 (0)20 7806 1957 (UK), +49
(0)89 9982 99911 (Germany), +81 (0)3 3570 8228 (Japan), pass code: 4113611.
The webcast and slide presentation will be available at www.qimonda.com.
A webcast replay will be available for a limited time on the company's web
site. An audio replay of the conference call will also be available at
phone number +1 718 354 1112 (US), +44 (0)20 7806 1970 (UK), +49 (0)69
22222 0418 (Germany), +81 (0)3 3570 8212 (Japan), pass code: 4113611#,
beginning at 11:00am EST today and continuing until 5:59pm EST on April 27,
2008.
About Elpida
Elpida Memory, Inc. (TSE 6665) is a leading manufacturer of Dynamic Random
Access Memory (DRAM) integrated circuits. The companys design,
manufacturing and sales operations are backed by world class technology
expertise. Its 300mm manufacturing facilities, Hiroshima Plant and a
Taiwan-based joint venture Rexchip Electronics, utilize the most advanced
manufacturing technologies available. Elpida's advanced portfolio features
such characteristics as high-density, high-speed, low power and small
packaging profiles. The company provides DRAM solutions across a wide range
of applications, including high-end servers, mobile phone and digital
consumer electronics. More information can be found at
http://www.elpida.com.
About Qimonda
Qimonda AG (NYSE: QI) is a leading global memory supplier with a broad
diversified DRAM product portfolio. The company generated net sales of Euro
3.61 billion in its financial year 2007 and had approximately 13,500
employees worldwide. Qimonda has access to five 300mm manufacturing sites
on three continents and operates six major R&D facilities. The company
provides DRAM products for a wide variety of applications, including in the
computing, infrastructure, graphics, mobile and consumer areas, using its
power saving technologies and designs. Further information is available at
www.qimonda.com.
Contact:
Investor Relations, Tel.: +49 89 234-26655, Fax: +49 89 234-9552987
DGAP 24.04.2008
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Language: English
Issuer: Infineon Technologies AG
Am Campeon 1-12
85579 Neubiberg
Deutschland
Phone: +49 (0)89 234-26655
Fax: +49 (0)89 234-955 2987
E-mail: investor.relations@infineon.com
Internet: www.infineon.com
ISIN: DE0006231004
WKN: 623100
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hannover, München, Hamburg, Düsseldorf, Stuttgart; Terminbörse EUREX; Foreign Exchange(s) NYSE
End of News DGAP News-Service
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DGAP-Adhoc: Qimonda and Elpida to Form Technology Partnership
| Source: EQS Group AG