27.07.2008 18:05 Uhr, Quelle: Engadget

Infineon CEO wants to sell flagging Qimonda unit... badly

Filed under: StorageLittle known tidbit for those not keenly watching the happenings at Infineon: the firm was forced to write down the value of its Qimonda stake by €1 billion ($1.57 billion) in April. Not surprisingly, Infineon's head honcho is about ready to rid the company of the flagging unit, making quite a few direct statements in a Germany daily saying as much. For starters, CEO Peter Bauer stated that "a complete sale is possible as is a sale of a minority stake," and he continued by affirming that it was already "speaking to financial investors and other companies in the industry." Just in case you had a

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