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Infineon makes €1 billion write-down in Qimonda
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Infineon 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.