Infineon And Toshiba To End Negotiations On Memory Chip Joint Venture.

Canadian Corporate News,  December, 2001  

Tags: chip, Infineon Technologies AG, memory chip, negotiation, Toshiba Corp.

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MUNICH, GERMANY, DECEMBER 18, 2001

Infineon Technologies AG and Toshiba have been unable to reach a mutual agreement in their negotiations on a potential cooperation in the memory segment. Following intensive talks, both Infineon and Toshiba agreed that none of the options that were discussed would be feasible strategies for both companies. Therefore, the negotiations were brought to an end.

"I regret that the mutual talks will not continue and that we could not achieve the results we were looking for," commented Dr. Ulrich Schumacher, President and CEO of Infineon, on ...

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