Infineon, Vitesco Expand Partnership, Plan on Generating More Than $1 Billion in Sales Volume
October 17 2023 - 4:51AM
Dow Jones News
By Pierre Bertrand
Infineon Technologies and Vitesco Technologies have signed an
agreement to deepen their partnership and to generate more than 1
billion euros ($1.06 billion) in planned sales volume.
The multi-year agreement, taking effect in 2027, is to further
improve the efficiency and system costs for future electrified
vehicles, Infineon said in a statement.
As part of the partnership, Vitesco will use microcontroller
technology from Infineon in its new electrification system
solutions as well as in its next-generation master and zone
controllers, the company said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
October 17, 2023 04:36 ET (08:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Infineon Technologies (QX) (USOTC:IFNNY)
Historical Stock Chart
From Apr 2024 to May 2024
Infineon Technologies (QX) (USOTC:IFNNY)
Historical Stock Chart
From May 2023 to May 2024
