Infineon completes sale of Mobile Phone Business to Intel – new company Intel Mobile Communications starts operations

Infineon Technologies AG today (31st january 2011) has completed the sale of the mobile phone business (Wireless Solutions 1) to Intel Corporation. Following the sale, approximately 3,500 employees in total will move globally from Infineon to the new company Intel Mobile Communications GmbH (IMC). IMC will be headquartered in Neubiberg near Munich, Germany. As planned,…