Fresh Start For Infineon
Lionel Laurent, 07.10.09, 04:10 PM EDT
German chip maker has a good chance of wiping the slate clean with its $1B rights issue.
http://www.forbes.com/2009/07/10/infineon-rights-issue-markets-equity-technology.html?partner=yahootix
It looks like Infineon is serving our favorite German automotive companies. How many processorers in each car? Maybe we are carefully crafting our agreement with Infineon so we are not violating the Quanta(?) ruling.
... future demand from high-end automakers like Daimler ( DAI - news - people ) or Bayerische Motoren Werke ( BAMXF - news - people ) would help the company's beleaguered automotive unit."
Get to work Alliacense!