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IFX Infineon Technologies AG

30.915
0.44 (1.44%)
26 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Infineon Technologies AG TG:IFX Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.44 1.44% 30.915 30.78 30.925 31.165 30.25 30.645 157,212 21:01:27

Arrow Asia Pac Now Offers Infineon Products in Mainland China and Hong Kong

07/02/2006 2:00am

PR Newswire (US)


Infineon Technologies (TG:IFX)
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From Jul 2019 to Jul 2024

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HONG KONG, Feb. 6 /Xinhua-PRNewswire-FirstCall/ -- Arrow Asia Pac Ltd. (Arrow) announced today that it has signed a franchise agreement with Infineon Technologies Asia Pacific Pte Ltd. (Infineon), a leading company in semiconductor and system solutions. Under the terms of the agreement, Arrow Asia Pac will market and distribute Infineon's range of Communication, Automotive and Industrial products through its 19 sales offices in mainland China and Hong Kong. 'I'm pleased to see this agreement will further build on our existing strong relationship between Arrow and Infineon in Europe. Infineon is a global leader in semiconductor and system solutions, renowned for its development and manufacturing capacities for advanced technologies. With the combination of our engineering-led design services and Infineon's innovative product lines and industrial portfolio, we will be able to provide cost- effective and a broad range of semiconductors and complete system solutions to customers in the region,' said Richard Huxley, Vice President of Marketing, Arrow Asia Pac. 'Arrow is a global leader in electronics component distribution with strong presence in Asia. We are pleased to partner with Arrow and further leverage on the synergies that exist from our strong collaboration in other parts of the world. Arrow's world class demand creation, strong design expertise, and supply chain management capabilities complement well with Infineon's strengths in product innovation and broad range of Communication, Automotive and Industrial portfolio. We look forward to expanding our market coverage and developing mutually beneficial business with Arrow in mainland China and Hong Kong,' said Kenneth Lim, Senior Director, Distribution Management, Infineon Technologies Asia Pacific Pte Ltd. About Infineon Infineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for automotive, industrial and multimarket sectors, for applications in communication, as well as memory products. With a global presence, Infineon operates through its subsidiaries in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In fiscal year 2005 (ending September), the company achieved sales of Euro 6.76 billion with about 36,400 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at http://www.infineon.com/ . About Arrow Asia Pac A subsidiary of Arrow Electronics, Inc. (NYSE:ARW), Arrow Asia Pac is one of Asia Pacific's leading electronic component distributors. In addition to its regional headquarters in Hong Kong, Arrow Asia Pac operates 41 sales offices, three primary distribution centers and ten local warehousing facilities in eleven countries/territories across Asia. Providing a full range of semiconductors, passive, electromechanical and connectors products from over 60 leading international suppliers, Arrow Asia Pac serves more than 10,000 original equipment and contract manufacturers and commercial customers in Asia Pacific. Visit us at http://www.arrowasia.com/ . Arrow's Media Contact: Ray Leung Marketing Communications Director Tel: +852-2484-2683 Email: Grace Kung Marketing Communications Manager Tel: +852-2484-2682 Email: Infineon's Media contact: Rachel Loke Senior Specialist, Public Relations Tel: +65-6876-3062 Email: Web sites: http://www.arrowasia.com http://www.infineon.com DATASOURCE: Arrow Asia Pac Ltd. CONTACT: Ray Leung, +852-2484-2683, or , or Grace Kung, +852-2484-2682, or , both of Arrow Asia Pac Ltd.; or Rachel Loke of Infineon Technologies Asia Pacific Pte Ltd., +65-6876- 3062, or

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