The Honorable Prime Minister of India Narendra Modi met with Arunjai Mittal, Board Member of Infineon Technologies AG, on the eve of the Hannover Messe on Sunday, April 12th, 2015.
At the CEO Roundtable meeting presided by Prime Minister Modi, Arunjai Mittal highlighted the opportunities for Indo-German collaboration in the field of semiconductor technology. He described how Infineon’s semiconductors solutions for energy efficiency, mobility and security help to make life greener, smarter and more convenient and secure. Power semiconductor solutions from Infineon help convert and transmit electrical energy in the most efficient manner, be it at source of renewable energy generation, transmission or consumption. Technologies like Silicon Carbide (SiC) and Gallium Nitride (GaN) based components help further increase energy efficiency. Infineon’s security chips, with their world class encryption technology, protect both individual users and manufacturers from unauthorized access to sensitive information. The chips were developed for use in security related applications like payment, national ID, health services and authentication.
“We look forward to continuing our engagement in India and working together with the Indian government to lay the foundation for India’s sustainable growth over the next decade and beyond,” said Arunjai Mittal, Member of the Management Board, Regions, Sales, Marketing, Strategy Development and M&A at Infineon Technologies AG.
Infineon in India
Infineon has had a presence in India since 1997. Its broad domain design center in Bangalore is a vital part of the company’s global R&D footprint. Besides Bangalore, Infineon has sales and marketing offices located in New Delhi, Chennai and Pune, to support its local customers in the development of electronic systems. Core activities are software development and hardware verification & validation for automotive, industrial and chip card applications as well as Marketing & Sales and Application Engineering for the India market. Since 2011, Vinay Shenoy has been the Managing Director of Infineon Technologies India Pvt.Ltd.
About Infineon
Infineon Technologies AG is a world leader in semiconductors. Infineon offers products and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2014 fiscal year (ending September 30), the company reported sales of Euro 4.3 billion with about 29,800 employees worldwide. In January 2015, Infineon acquired US-based International Rectifier Corporation, a leading provider of power management technology, with revenues of USD 1.1 billion (fiscal year 2014 ending June 29) and approximately 4,200 employees.
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
Further information is available at www.infineon.com
This press release is available online at www.infineon.com/press
Photo Caption : Infineon Board Member with PM Modi in German CEO meet in Hannover
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