Infineon Opens Office in IsraelInfineon Opens Office in Israel

MUNICH -– Infineon Technologies (FSE/NYSE: IFX), a world-wide leading provider of communications integrated circuits announced today the opening of the new Infineon Technologies Savan offices in Nethanya, Israel, focusing on broadband access business.

”Infineon Technologies’ long-term commitment is to provide its industry leading customers with cutting edge technologies that meet time-to-market, are cost effective and comply with the scalability requirements,” said Dr. Ulrich Schumacher, President and CEO of Infineon Technologies. “We found Israel to have a vast resource of highly qualified communications experts. Based on our on-going successful cooperation with the Israeli hi-tech companies and having established a DSP development center in Tel-Aviv, it was only natural for Infineon to establish our Broadband access activities here.”

http://www.infineon.com/news/press/012_022e.htm