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Home arrow News arrow Fab Management arrow Infineon makes €1 billion write-down in Qimonda
Infineon makes €1 billion write-down in Qimonda Print E-mail
Apr 22, 2008 at 09:55 AM

ImageInfineon Technologies has reclassified the assets and liabilities of Qimonda into “Assets Held for Sale” in its consolidated balance sheet in preparation for its planned disposal of its investment in Qimonda.  Under current fair value terms, Infineon has made a write-down of €1 billion. Infineon currently holds a 77.47 percent interest in Qimonda. 

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