According to a report in Forbes, Infineon Technologies is looking to dispose of its loss making memory chip (DRAM) operations. The company did not comment on the report. The report also claims chief executive Wolfgang Ziebart has planned on getting rid of the unit since taking his position last September.
For more on the rumored Infineon cuts:
- check out this story in Forbes
PLUS: Infineon tries to lower GSM mobile phone pricetag with $15 billion. Article