Investor Presentation • Nov 29, 2005
Investor Presentation
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Roadshow FY 2005
Page 1
Dr. Wolfgang Ziebart President and CEO
Peter J. Fischl Executive Vice President and CFO

Infineon Technologies 2005. All rights reserved.
Copyright ©

Please note that while you are reviewing this information, this presentation was created as of the date listed, and reflected management views as of that date.
This presentation contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.
Such risks and uncertainties include, but are not limited to the Risk Factors noted in the Company's Earnings Releases and the Company's filings with the Securities and Exchange Commission.



| F i i l F i i l n a n c a s n a n c a s |
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| A I M R i A I M R i e v e w e e v w |
| C O M R i C O M R i e v e w e v e w |
| M P R i M P R i e e v w e v e w |
| O l k t O l k t o o u u o o |
| C O f O M t, P l I P C O f O M t, P l I P e m o r y a r v e u a n o r e m o r y a r v e u a n o r |
| G f f f I F X D i t i t d M t i I F X G D i f f i d M f i t t t r o u p : e r e n a e a n u a c u r n g r o p e r e n a e a n a c r n g u : u u |

| [ E U R ] m |
Q 3 0 F Y 5 Q 3 F Y 0 5 |
Q 4 0 F Y 5 Q 4 F Y 0 5 |
2 0 0 F Y 5 F Y 2 0 0 5 |
|---|---|---|---|
| N l t e s a e s |
1 6 0 6 |
1 7 3 1 |
6 7 5 9 |
| G i r o s s m a r g n |
, 1 6 % |
, 2 6 % |
, 2 7 % |
| & R D e x p e n s e s |
3 2 0 |
2 9 0 |
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| % f i l n o s a e s |
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| S G & A e x p e n s e s |
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| % f i l n o s a e s |
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| E B I T |
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| E B I T l d i f f ís e c n g o n e -o x u |
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| i % f l n o s a e s |
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1 % |
( % ) 1 |

| [ E U R ] m |
0 F Y 5 F Y 0 5 |
S 3 0 2 0 0 t. 5 S t. 3 0 2 0 0 5 e p e p , , [ E U R ] m |
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| O i t p e r a n g h f l c a s o w |
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| 4 2 % i b l d F b 2 0 0 5 t 7 c o n v e r e u e e % 5 0 0 t i b l d J 2 0 1 0 c o n v e r e u e u n e O h l d b t t t e r o n g e r m e - S h d b t- t t o r e r m e |
Roadshow FY 2005 Page 6

| F i i l F i i l n a n c a s n a n c a s |
|
|---|---|
| A I M R i A I M R i e v e w e e v w |
|
| C O M R i C O M R i e v e w e v e w |
|
| M P R i M P R i e e v w e v e w |
|
| O l k t O l k t o o u u o o |
|
| C O f O M t, P l I P C O f O M t, P l I P e m o r y a r v e u a n o r e m o r y a r v e u a n o r |
|
| G f f f I F X D i t i t d M t i G f f f I F X D i t i t d M t i r o u p : e r e n a e a n u a c u r n g r o u p : e r e n a e a n u a c u r n g |


Roadshow FY 2005 Page 8


Roadshow FY 2005 Page 9


Roadshow FY 2005 Page 10

| 2 0 0 3 R k |
2 0 0 4 R k a n |
C N o m p a n y a m e |
2 0 0 4 |
|---|---|---|---|
| a n |
R e v e n u e |
||
| 1 | 1 | R T h l e n e s a s e c n o o g y |
1. 7 0 0 |
| 2 | 2 | I l t n e |
1. 4 9 7 |
| 3 | 3 | S T M i l i t c r o e e c r o n c s |
1. 3 7 1 |
| 8 | 4 | f I i T h l i n n e o n e c n o o g e s |
9 1 4 |
| 5 | 5 | A l D i n a o g e c e s v |
8 1 8 |
!Sensors
!Wireless control products
Roadshow FY 2005 Page 11
Sources: (top) iSuppli, August 2005; (bottom) IMS Research, August 2005

!1-transistor-per-bit !1-transistor-per-bit
!Implementation along with smaller feature size !Implementation along with smaller feature size



Infineon products developed for Xbox 360 Infineon products developed for Xbox 360


Copyright ©
Infineon Technologies 2005. All rights reserved.

Mobile Phone, GPS, WLAN, Cordless
RF Bipolar/Diodes AFSi MMICs
HiPAC
/ MEMS
Consumer and Computer Peripherals Consumer and Computer Peripherals

Tuner, LNB, DSC, DVC, Computer, Ö
RF Bipolar/Diodes RF MOS
AF
Automotive and Industry Automotive and Industry

General Purpose Infotainment


| F i i l F i i l n a n c a s n a n c a s |
|---|
| A I M R i A I M R i e e v w e e v w |
| C O M R i C O M R i e v e w e e v w |
| M P R i M P R i e v e w e v e w |
| O l k t O t l k u o o u o o |
| C O f O M t, P l I P M C O P l f I P O t, e m o r y a r v e u a n o r e m o r a r e a n o r y v u |
| G f f f I F X D i t i t d M t i I F X G D i f f i d M f i t t t r o u p : e r e n a e a n u a c u r n g r o p e r e n a e a n a c r n g u : u u |


(1) Excl. acquisition related expenses and net charges resulting primarily from reorganization measures.
Roadshow FY 2005 Page 16


Roadshow FY 2005 Page 17

| I F X I F X m a m a |
k t h k h t r e s a r e a r e s a r e a S C i D L I i D S I C L n n |
d k i d k i n r a n n g n r a n n g ís ís |
H i h l i h t H i h l i h t g g s g g s |
|---|---|---|---|
| 9 % |
1 1 % |
S O l j E M 's d i d d t e v e r a m a o r e c e o ! S t t V D L 2 d i b d s a r e s g n s a s e o n o u r h i t c p s e |
|
| 8 % |
f S P d i j V D L 2 t r o c o n o r a m a o r ! u j i 1 H C Y 0 6 l d t p r o e c n a r e a y d t t s a r e |
||
| # 6 |
# 6 |
# 4 |
A D S L 2 / 2 i l l d i t + n s a s e e r a e a n g ! w v D S L A M f t m a n a c r e r s u u |
| F i l f I P D S L A M t n a a g r e e m e n o r ! i h j t t m a o r c s o m e r w u |
|||
| C Y 0 2 S G |
C Y 0 3 i i S |
C Y 0 4 i d M k |
W h h d i i i l t e a e e e s g n n s n p a c e ! v -w i k h i t t o n c r e a s e o r m a r e s a r e n u D S L C O d C P E f h t x a n u r e r |
| C t t t t o u r c e : a r n e r, o m m u n c a o n s e m c o n u c o r s a r e S h f 2 0 0 3, 2 0 0 4 a r e s o r |
Cop yrig ht © Infin Te chn olog ies 200 5. A ll rig hts rved eon rese |
Roadshow FY 2005 Page 18
Shares for 2003, 2004

IFX market share and ranking in RF transceivers IFX market share and ranking in RF transceivers

!GPRS CMOS transceiver:
Roadshow FY 2005 Page 19
Source: Gartner, Wireless Communications Semiconductor Market Shares for 2002, 2004

| I F X k h i b b d t I F X k h i b b d t m a r e s a r e n a s e a n m a r e s a r e n a s e a n |
D i i D i i e s g n -w n s e s g n -w n s |
|||
|---|---|---|---|---|
| T 1 0 % t 1 0 % ≥ a r e |
C t u s o m e r |
P l f t a o r m |
R a m p u p |
|
| g | B Q e n |
G S M / G P R S f t h e a r e p o n e s u |
2 0 0 6 |
|
| B Q e n |
E D G E M l t i d i m e a u |
2 0 0 6 |
||
| % 5 5 |
P i a n a s o n c |
G S M / G P R S f t h e a r e p o n e s u |
S i Q n c e 2 0 0 5 |
|
| O E M |
S / G U M T E D E M l i d i t u m e a |
2 0 0 6 |
||
| O E M |
E D G E M l i d i t u m e a |
2 0 0 6 |
||
| O E M |
G S M U l t l r a o w - t c o s |
2 0 0 6 |
||
| C Y 0 4 1 H C Y 0 C Y 0 5 7 M b i l h l G t S t b 2 0 0 5. |
O D M |
G S M U l l t r a o w - t c o s |
2 0 0 6 |
Roadshow FY 2005 Page 20

| F i i l F i i l n a n c a s n a n c a s |
|
|---|---|
| A I M R i A I M R i e e v w e v e w |
|
| C O M R i C O M R i e e v w e v e w |
|
| M P R i M P R i e v e w e e v w |
|
| O t l k O t l k u o o o o u |
|
| M C O P l f I P O t, M C O P l f I P O t, e m o r a r e a n o r y v u e m o r y a r v e u a n o r |
|
| I F X G D i f f i d M f i t t t I F X G D i f f i d M f i t t t r o p e r e n a e a n a c r n g u : u u r o u p : e r e n a e a n u a c u r n g |







| F i i l F i i l n a n c a s n a n c a s |
|---|
| A I M R i A I M R i e e v w e v e w |
| C O M R i C O M R i e e v w e v e w |
| M P R i M P R i e v e w e e v w |
| O t l k O l k t u o o o o u |
| M C O P l f I P O t, M C O P l f I P O t, e m o r a r e a n o r y v u e m o r y a r v e u a n o r |
| I F X G D i f f i d M f i t t t G f f f I F X D i t i t d M t i r o p e r e n a e a n a c r n g u : u u r o u p : e r e n a e a n u a c u r n g |

COM COM
AIMAIM
MPMP

Q1 FY06 sales: slight increase expected sequentially Q1 FY06 one-off charges: no significant amounts expected
FY06 Capex: expected range is EUR 1.2-1.4 bn FY06 Depreciation: expected at about EUR 1.3 bn
Roadshow FY 2005 Page 27

| F i i l F i i l n a n c a s n a n c a s |
|---|
| A I M R i A I M R i e v e w e v e w |
| C O M R i C O M R i e v e w e v e w |
| M P R i M P R i e e v w e v e w |
| O t l k O l k t o o u o o u |
| M C O P l f I P O t, C O f O M t, P l I P e m o r y a r v e u a n o r e m o r y a r v e u a n o r |
| I F X G D i f f i d M f i t t t G f f f I F X D i t i t d M t i r o u p : e r e n a e a n u a c u r n g r o u p : e r e n a e a n u a c u r n g |

Page 29





| F i i l F i i l n a n c a s n a n c a s |
|---|
| A I M R i A I M R i e v e w e e v w |
| C O M R i C O M R i e v e w e v e w |
| M P R i M P R i e e v w e v e w |
| O l k t O l k t o o u o o u |
| M C O P l f I P O t, C O f O M t, P l I P e m o r y a r v e u a n o r e m o r y a r v e u a n o r |
| G f f f I F X D i t i t d M t i G f f f I F X D i t i t d M t i r o u p : e r e n a e a n u a c u r n g r o u p : e r e n a e a n u a c u r n g |




Roadshow FY 2005 Page 34
Source: ITRS, Infineon

Moore's law fully valid, capital intensity remains high. Moore's law fully valid, capital intensity remains high.
Required volume to fill 65nm/12ì fab increasing massively vs 8ì fab Required volume to fill 65nm/12ì fab increasing massively vs 8ì fab
Shrinks less and less relevant, manufacturing and process capabilities a competitive factor. Shrinks less and less relevant, manufacturing and process capabilities a competitive factor.


| R F E : |
2 0 0 6 M h a r c |
|---|---|
Nodes: 0.22µ to 1.5µ
Capacity: ~100k WSPM on 8" by 2009
Products: Power ICs for automotive and industrial applications

Roadshow FY 2005
Page 37
Copyright ©
Infineon Technologies 2005. All rights reserved.

| [ E U R ] m |
F Y 0 4 F Y 0 4 |
F Y 0 5 F Y 0 5 |
C h C h a n g e a n g e |
|---|---|---|---|
| N l t e s a e s G h t r o w |
7 1 9 5 , |
6 7 5 9 , |
( 4 3 6 ) ( 6 % ) |
| G i r o s s m a r g n |
3 % 5 |
2 % 7 |
|
| R & D e x p e n s e s % f i l n o s a e s |
1 2 1 9 , % 1 7 |
1 2 9 3 , % 1 7 |
4 7 |
| S G & A e p e n s e s x % f i l n o s a e s |
7 1 8 % 1 0 |
6 5 5 % 1 0 |
6 3 - |
| E B I T |
2 5 6 |
( 1 8 3 ) |
( 4 3 9 ) |
| E B I T l d i f f ís e x c u n g o n e -o i % f l n o s a e s |
8 8 5 8 % |
( 9 ) 7 ( 1 % ) |
( 6 6 ) 7 |
Roadshow FY 2005 Page 38

| [ E U R ] m |
F Y 0 5 F Y 0 5 |
|---|---|
| O S P M l i i P M O S l i i r o c e n s e n c o m e r o c e n s e n c o m e R i h t t R t t i h e s r c r n g c a r g e s u u e s r c r n g c a r g e s u u I i h t I i t h m p a r m e n c a r g e s m p a r m e n c a r g e s O t h O h t e r e r |
1 1 8 1 1 8 ( 8 ) 7 ( 8 ) 7 ( 1 3 4 ) ( ) 1 3 4 ( ) 1 0 ( 1 0 ) |
| T O T A L O T T A L |
( 1 0 4 ) ( 1 0 4 ) |


Roadshow FY 2005 Page 40
Copyright © Infineon Technologies 2005. All rights reserved.(1) Excl. acquisition related expenses, antitrust-related charges and net charges resulting primarily from reorganization measures.
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