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Infineon wants to sell wireless chip division to Intel

Posted on Tuesday, May 18 2010 @ 01:00:02 CEST by

FUD Zilla writes Infineon is in talks with Intel to sell its wireless chip business:
German chipmaker Infineon is chatting to Intel about flogging its wireless chip business. German business daily Financial Times Deutschland reported that the Munich-based Infineon, which supplies chips for Apple's iPad and Nokia, Samsung and Research in Motion, is unsure whether a divestment makes sense.

While most analysts say the sale would make sense for Intel to buy Infineon's wireless business they are less enthusiastic about the idea that it is such a hot move for Infineon. Its Chief Executive Peter Bauer told Reuters in March he saw no reason why the chipmaker should not try to further develop the business.



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