Infineon Technologies Expands Operations in Israel, Establishing New Offices in Nethanya

Strategic Insights -

Infineon Technologies, a leading provider of communications integrated circuits, has officially opened its new offices in Nethanya, Israel, focusing on broadband access business. This move underscores the company's long-term commitment to providing cutting-edge technologies to its industry-leading customers, with a focus on time-to-market, cost-effectiveness, and scalability requirements. The new offices will drive Infineon's broadband access efforts, leveraging the company's expertise in high-speed copper DSL solutions and targeting fiber optic and fixed wireless infrastructure solutions.

Key Takeaways:

  • Infineon Technologies has established new offices in Nethanya, Israel, to focus on broadband access business, highlighting its commitment to providing industry-leading customers with advanced technologies.
  • The new offices will be part of Infineon's Broadband Access business unit, which is focused on offering Very-high bit-rate DSL (VDSL), Ethernet over VDSL (10BaseS), Home gateway, and end-to-end ATM Passive Optical Network (APON) solutions.
  • Dr. Ulrich Schumacher, President and CEO of Infineon Technologies, cited Israel's vast resource of highly qualified communications experts and the company's successful cooperation with Israeli hi-tech companies as factors in establishing the new offices.
  • Infineon offers LAN, WAN, and Broadband and carrier access communications solutions, with a strong presence in the wired and wireless communications markets.
  • The company aims to secure its position as a leading broadband communications building blocks provider, with a focus on fiber optic and fixed wireless infrastructure solutions.

Statistics:

  • Infineon Technologies operates globally, with a presence in the US, Asia-Pacific, and Japan.
  • The company achieved sales of Euro 7.28 billion in the fiscal year 2000 (ending September) and employs approximately 29,000 people worldwide.
  • Infineon Technologies is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (NYSE:IFX).

Sources:

  • BUSINESS WIRE, Dec. 12, 2000
  • Infineon Technologies AG, Munich, Germany, corporate website, www.infineon.com