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EE Times reports German memory maker Infineon has applied for state aid, the company reportedly wants a government guarantee worth 500 million euros.Ailing Chip maker Infineon queues up with many companies currently asking for state aid. According to Financial Times Deutschland, the company has applied for a guarantee worth €500 million (about $693 million).
With its statement, the paper refers to sources near the company.
Infineon was not available to comment.
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