Infineon Technologies Ag Stock Price, News & Analysis

Infinitum announced a technology collaboration with Infineon Technologies aimed at enhancing production of sustainable, high-efficiency motors. Infinitum's air core motors, awarded three 2023 CES Innovation Awards, are lighter, more efficient, and use less copper than traditional motors. The partnership will leverage Infineon's silicon carbide technology for advanced motor control, promoting energy efficiency. Infinitum plans to showcase its Aircore EC motors at the AHR Expo in Atlanta on Feb. 6-8. Infineon, listed on the Frankfurt Stock Exchange (symbol: IFX) and OTC market (symbol: IFNNY), serves as a key semiconductor provider in this collaboration.

Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) emphasizes the growing role of semiconductor solutions in promoting health-oriented lifestyles through the Internet of Things (IoT). As the world population ages, IoT devices are instrumental in healthcare, aiding in preventive care and daily life support. Infineon highlights the significant impact of semiconductors in smart health applications, with devices monitoring vital signs and improving fitness. The company anticipates substantial growth in systems that enhance health monitoring and engagement.

Infineon Technologies AG announced a definitive agreement to sell its HiRel DC-DC converter business to Micross Components, Inc. This strategic move aims to focus Infineon on core semiconductor developments for the high-reliability market. The transaction is expected to close in Q1 2023. Bob LeFort, Infineon’s President of Americas, emphasized that this sale benefits all stakeholders and allows for enhanced concentration on high-reliability applications. Micross aims to broaden its design capabilities and deliver innovative high-quality products post-acquisition.

Micross Components has signed a definitive agreement to acquire the High-Reliability DC-DC converter business from Infineon Technologies (OTCQX: IFNNY). The acquisition, set to close in Q1 2023, will enhance Micross' power management solutions and expand its geographical footprint in the U.S. and Europe. This deal marks the eighth acquisition under Behrman Capital's ownership, reinforcing Micross' strategic priorities and positioning in high-reliability markets. The business focuses on proprietary power solutions for demanding environments, aligning with Micross' growth ambitions.

United Microelectronics Corporation (UMC) was awarded the title of “Best Silicon Foundry (CMOS)” by Infineon Technologies AG during the 2022 Global Supplier Day in Kuala Lumpur on October 13. This recognition highlights UMC's commitment to excellence in manufacturing and support for customers amid supply chain challenges. UMC has maintained a strong partnership with Infineon for over 20 years, focusing on high-quality IC fabrication services and technologies relevant to the automotive sector and emerging markets like 5G and AIoT.

VinFast and Infineon Technologies announced an extension of their partnership during the OktoberTech™ Asia Pacific 2022 Technology Forum. They will establish a joint application competence center focusing on electromobility, set to open in Q1 2023. This center will enhance VinFast's development of next-gen smart mobility solutions, including a new electric drive train. The collaboration emphasizes supply chain stability and aims to leverage Infineon's semiconductor expertise to boost production efficiencies and accelerate VinFast's competitiveness in the global EV market.

Infineon and Edge Impulse have partnered to enhance the ModusToolbox™ ecosystem, enabling seamless configuration of the PSoC™ 6 microcontroller series for machine learning applications. This collaboration allows Edge Impulse Studio users to easily develop and deploy low-power, AI models optimized for edge environments using data from integrated sensors. With the PSoC™ 6's advanced architecture and connectivity options, developers can create sophisticated IoT and wearable solutions. This partnership signals a significant advancement in the accessibility of machine learning for edge devices.

Anker Innovations has announced a partnership with top industry leaders in Gallium Nitride (GaN) technology to create advanced charging solutions. This collaboration includes Infineon and Navitas, enabling Anker to develop higher-watt GaN chargers capable of over 100W output, boasting system efficiency rates of up to 97%. Their technology promises reduced energy loss and a 30% smaller carbon footprint compared to legacy solutions. Anker's new chargers will feature the latest version of PowerIQ for optimized charging, with a virtual launch event scheduled for July 25, 2022.