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| About INFINEON TECHNOLOGIES AG |
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About Equipment TradeThe department "Equipment Trade" is organizationally assigned to Corporate Purchasing. There are two major fields of work this department is taking care of:
Why is Infineon trading with surplus equipment?
- Selling of Infineon surplus equipment worldwide
- Sourcing of surplus equipment for Infineon worldwide
In accordance to Infineon's commitment to strive for capital efficiency, equipment trade is supporting this corporate goal in two ways:
Why is Infineon sourcing surplus equipment?
- Revenue that is realized by the sale of surplus equipment can be disclosed as pure margin (considering the fact that in most cases surplus equipment is already depreciated to zero net book value).
- The costs of decontamination and scrapping of surplus equipment are tremendous. By selling our surplus tools, we not just realize profit but also avoid the costs of scrapping.
Traditionally, sourcing of surplus equipment supports our facilities in identifying and purchasing second-hand or refurbished types of semiconductor equipment from the surplus semiconductor equipment market. Strategically, sourcing of surplus equipment is providing corporate purchasing with some sort of leverage in terms of negotiation power. Since the supplier market for semiconductor equipment shows in certain process areas almost no competition, it is strategically important to bring up competition by also considering surplus equipment as an alternative investment.
About InfineonInfineon Technologies AG, Munich, Germany, offers semiconductor and system solutions for the automotive and industrial sectors, for applications in the wired communications markets, secure mobile solutions as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In fiscal year 2003 (ending September), the company achieved sales of Euro 6.15 billion with about 32,300 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX).
Further information is available at www.infineon.com.