Qimonda AG, (pronounced "key-MON-da") was a memory company split out of Infineon Technologies (itself a spun off business unit of Siemens AG) on 1 May 2006, to form at the time the second largest DRAM company worldwide, according to the industry research firm Gartner Dataquest. Headquartered in Munich, Germany, Qimonda is a 300 mm manufacturer, and is one of the top suppliers of DRAM products for the PC and server markets. Infineon still controls a 77.5% stake, which it has written down (2008). Infineon was on record as having the aim of divesting itself of this stake, with the purpose of becoming a minority stakeholder in 2009. The company has issued 42 million ADR shares, each ADR share representing one ordinary share in Qimonda.

At its height in 2007, Qimonda employed approximately 13,500 personnel worldwide, from whom 1,800 were employed in R&D with access to four 300 mm manufacturing sites and operating six major R&D facilities, and included a chip packaging complex in Vila do Conde, Portugal, and its lead R&D center in Dresden, Germany, in total covering three continents. During this time, and on into September 2008, the price of DRAM continued to decline due to market oversupply, resulting in significant corporate financial losses throughout 2008.

Read more about Qimonda:  Meaning of Qimonda, Products and Achievements, Legacy, Alliances, Production Sites, Competitors

Other articles related to "qimonda":

Semiconductor Sales Leaders By Year - ISuppli Analysis Report - Ranking For Year 2006
10 9 NXP Netherlands 874 ... +4.0% 2.3% 8 ... NEC Semiconductors Japan 679 ... -0.5% 2.2% 12 - Qimonda Germany 413 ... N/A 2.1% 12 ... Micron Technology USA 210 ... +9.1% 2.0% 14 6 ... were spun off to form a new separate legal entity named Qimonda ... Qimonda becomes the world's fourth largest DRAM manufacturer ...
... Qimonda, a spin-off of Infineon, has demonstrated and sampled GDDR5, and released a paper about the technologies behind GDDR5 ... On May 10, 2008, Qimonda announced volume production of 512 Mbit GDDR5 modules rated at 3.6 Gbit/s (900 MHz), 4.0 Gbit/s (1 GHz), and 4.5 Gbit/s (1.125 GHz) ... GDDR5 memory with its Radeon HD 4870 video card series, incorporating Qimonda's 512 Mbit memory modules at 3.6 Gbit/s bandwidth ...