Infineon tops automotive chip market

Infineon Technologies AG tops the global automotive electronics chip market for 2009 by cornering 9% of the share with sales of Rs.6,049.19 crore ($US1.31 billion) as per Strategy Analytics. Inspite of the meltdown with the overall market for automotive chips contracting by 21 per cent to Rs.66,494.88 crore ($US14.4 billion) in 2009 (compared to Rs.84,503.91 crore ($US18.3 billion) in 2008), Infineon managed to strengthen its market position.

"Through our strength as an innovator across our portfolio, we were able to secure the number one spot in chips for automotive electronics in spite of tough times in the industry," said Jochen Hanebeck, division president of the Automotive Division at Infineon Technologies AG. "Our semiconductors are the basis for automotive electronics innovation, and we are on track to become the leading supplier of chips in the future electric mobility market."

In Europe, which is recognised as a key centre of innovation in the field of automotive electronics, Infineon remains the unchallenged market leader with a share of 13.6 per cent. Infineon ranks second in North America with a market share of 7.8 per cent. In Japan, Infineon is one of the foremost non-Japanese suppliers of semiconductors, with 2.8 per cent of the market. In the Asian ranking, Infineon market share grew to 8.8 per cent, reaffirming its number two position. Excluding automotive entertainment electronics, Infineon in fact is market share leader in the Asian ranking.