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Infineon to sell NOR Flash and F-RAM business to Taiwan's Winbond

Infineon to sell NOR Flash and F-RAM business to Taiwan's Winbond

- Infineon Technologies IFXGn.DE agreed to sell its NOR Flash and F-RAM business to Taiwan's Winbond Electronics, the German chip manufacturer said on Wednesday.

The all-cash transaction is valued at $1.12 billion on a cash- and debt-free basis, it said in a statement.

The companies aim to complete the deal in the second half of 2027, Infineon added.


(Reporting by Anastasiia Kozlova in Gdansk
Editing by Ludwig Burger)

((Anastasiia.Kozlova@thomsonreuters.com;))

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