Annual General Meeting Infineon Technologies AG
Peter Bauer, Chief Executive Officer Infineon Technologies AG
Munich, February 17, 2011
Infineon is in a better shape than ever before
Restructuring
Refinancing
Portfolio measures
Focus on energy efficiency, mobility and security
Turnaround – Infineon on firm foundations
- Ambitious aims
- We created the change ourselves
- We brought the company into shape
Success thanks to quick and determined action
Sale of WLS: Portfolio optimization successfully completed
- Investments necessary for becoming No. 1 in the market too high
- Attractive purchasing price of 1.4 billion U.S. dollars
- We created enormous value for all stakeholder
Asia most important market, especially China
- Two-digit growth rates
- Worldwide biggest automotive sales market in 2010
- Chinese solar industry today bigger than the German one
- Worldwide leading wind power companies from China
Revenue share in Asia 42 percent, further expansion of our presence
- With revenue share in Asia front runner among all DAX companies
- New business entity in Beijing
- Customer focus on tight cooperation with partners on the spot
- "Local Citizen": Even stronger integration in local structures
Fiscal year 2010 – one of the most successful
Revenue increased by more than 50 percent year-on-year to 3.3 billion euros
for Infineon
- Net income of 660 million euros
- Ambitious target of 15 to 20 percent return rate almost achieved
- Dividend-paying ability established
Profitable, growing and solid company
Share price doubled
Infineon share in EUR
Feb. 11, 2010 Feb. 16, 2011
Application of funds
Organic growth – mainly expansion of manufacturing capacities
Allowing our shareholders to benefit
Considering options for acquisitions
Energy efficiency Mobility Security
Automotive
Industrial & Multimarket
Chip Card & Security
CoolMOS – Contribution to preserve the resources
- Increasing the energy efficiency in many different applications, for example:
- PC power supplies
- Server
- Solar power inverters
- Lighting systems
Smart grids enabled by innovative semiconductors
Integration of renewable energy 1
Advanced transmission 2
Grid monitoring and control 3
Energy storage and EV-charging 4
Smart Metering and appliances 5
Efficient consumption 6
- Enormous investments in modern fleet of trains in China, but also in Europe
- 10 new Siemens Velaro trains for Eurostar
- Each train with 130 Infineon IGBTs totaling up to 100,000 euros in value
Electric mobility – environmentally friendly, only realizable with semiconductors
Conclusion – attractive company with the right future strategy
- Balance sheet is healthy
- Costs are under control
- Business runs profitably
- Key technologies and products for energy efficiency, mobility and security
Infineon supplies the innovation components for the world of tomorrow