SIEMENS to sell the remaining shares recovered 1 billion 400 million investment Infineon

March 27th news, SIEMENS has 1 billion 200 million euros (about $1 billion 400 million) price to sell its remaining 18% stake in Infineon Corporation. The deal was commissioned by SIEMENS. According to EE Times website reported that since SIEMENS stripped its chip division and in 2000 issue of new shares, SIEMENS has been reducing its holdings of Infineon shares. SIEMENS sold most of its shares at the end of 2001 and sold a large stake in January 2004.

Goldman Sachs invested more in the shares after its shares rose to more than 9 euros in November 2004.

Infineon's stock price doubled on the first day of listing, trading price reached 70 euros. Since then, Infineon's stock price has been declining. In the semiconductor industry has been hit by recession, Infineon's stock price has not returned to the level of the time.

Infineon said in November last year, it plans to peel off the memory chip business from the logic chip sector, and through the issuance of shares in the way the memory business sector traded. Then, Infineon will focus on business logic chips, continue to target sales in the automotive, industrial electronics and communications industry.

SIEMENS's last big investment in the electronics industry is a 12.5% stake in Epcos. Epcos is a joint venture between SIEMENS and.