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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Infineon Technologies AG (QX) | USOTC:IFNNY | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 36.75 | 36.75 | 36.75 | 0.00 | 01:00:00 |
From Jun 2023 to Jun 2024
By Pierre Bertrand
Infineon Technologies and Vitesco Technologies have signed an agreement to deepen their partnership and to generate more than 1 billion euros ($1.06 billion) in planned sales volume.
The multi-year agreement, taking effect in 2027, is to further improve the efficiency and system costs for future electrified vehicles, Infineon said in a statement.
As part of the partnership, Vitesco will use microcontroller technology from Infineon in its new electrification system solutions as well as in its next-generation master and zone controllers, the company said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
October 17, 2023 04:36 ET (08:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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