Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed

Infineon Technologies AG is a German semiconductor manufacturer founded in 1999, when the semiconductor operations of the former parent company Siemens AG were spun off. Infineon has about 50,280 employees and is one of the ten largest semiconductor manufacturers worldwide.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market

Exited Exit Completed
Revenue(RF), mln.USD
1
Assets(RF), mln.USD
1
Capital(RF), mln.USD
1
Glob.Revenue, mln.USD
14218
Staff(RF), 2021
4

Infineon changed its business policy towards Russia immediately after the beginning of the war: All direct and indirect shipments to Russia and the respective Russian-backed regions in Ukraine were stopped as early as February – including technical support. At the beginning of March, this was also extended to Belarus. Already in March 2022, the company decided to liquidate its entity in Russia, which is currently being executed. The business activities have been discontinued and Infineon has completed all necessary steps towards liquidation. The company also have terminated the contracts with the sales partners there.

The Company Statement
November 16, 2023

Exports have been suspended, liquidate Russian entity. Russian 9M727 cruise missile contained company's components. Promised to liquidate the Russian entity but no actions done. Supply channels to Russia have remained open despite Western export restrictions and manufacturer bans. The kamikaze drone "Lancet" (owner of the UAV manufacturer "Rostec") manufacturer used electronics of Infineon. 16.11.2023: The legal entity was liquidated.

April 05, 2024Intel closed and sold the largest center in Russia
January 25, 2024Most of Russia’s War Chips Are Made by US and European Companies
July 23, 2023Our Locations - Infineon Technologies
February 28, 2023The Munich high-tech group Infineon, like the US semiconductor manufacturers Intel and AMD as well as TSMC from Taiwan, will no longer supply computer chips to Russia.
February 02, 2023Drone-kamikaze "Rostec" was assembled from parts for vapes and children's toys
January 04, 2023CNN Exclusive: A single Iranian attack drone found to contain parts from more than a dozen US companies
December 13, 2022The supply chain that keeps tech flowing to Russia
November 22, 2022Yale's SOM List
September 30, 2022Germany stops supplying chips for Russian passports
July 03, 2022Infineon stands by the side of Ukraine
June 13, 2022Infineon liquidating its entity in Russia
March 08, 2022Chip makers withdraw from Russia over Ukraine war
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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