Infineon strengthens leading position in automated driving through acquisition of Innoluce BV

Munich, Germany and Nijmegen, The Netherlands – October 11, 2016 – Microelectronics from Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is a key technology for automated and connected driving. As leading chip provider for driver assistance systems, Infineon continues its innovation path and has acquired 100 percent of Innoluce BV, a fabless semiconductor company headquartered in Nijmegen. Based on the know-how of Innoluce, Infineon will develop chip components for high-performance lidar systems. Both companies agreed on confidentiality on the terms.

Lidar: A key sensor technology in the semi- and fully automated car

Lidar, radar and camera will be the three key sensor technologies for semi-automated and fully automated cars. Infineon is a technology frontrunner; with this acquisition it delivers expertise in all three complementary sensor systems which provide the redundancy required for autonomous driving. While radar uses radio-frequency electromagnetic waves, lidar employs laser beams to measure the distance to objects adjacent to the car. Scanning lidar systems help to detect small objects on the road.

“With this acquisition, we take a big step into the lidar technology that will play an important role in the safety cocoon essential to fully automated cars,” said Peter Schiefer, President of the Automotive division at Infineon. “We intend to make lidar an affordable feature for every new-built car worldwide”.

First lidar systems introduced in premium cars within the next couple of years are based on mechanical scanning mirrors and, thus, are bulky and rather expensive. To become a standard feature in all car classes, lidar systems need to be semiconductor-based, thus getting more compact, cost-effective, and robust.

Semiconductor experience stimulates driver assistance systems

Fostering autonomous driving, Infineon already helped to bring radar technology as an additional safety feature to the vehicle mass market: the use of proven technologies from chip mass production and a new chip packaging technology reduced both manufacturing costs and size of radar systems significantly. For their technological breakthroughs, Infineon’s radar chip team was nominated in 2015 for the prestigious German Future Award (Deutscher Zukunftspreis), the German President’s Award for Innovation in Science and Technology.

About Innoluce

Innoluce was founded in 2010 as an entrepreneurial spin-off of Royal Philips. It is a fabless semiconductor company headquartered in Nijmegen, The Netherlands, near the Dutch-German border. The company has a strong expertise in micro-electro-mechanical systems (MEMS). Innoluce is a leading innovator of miniature laser scanning modules that integrate silicon-based solid-state MEMS micro-mirrors. Such micro-mirrors are necessary to adjust the laser beams in automotive light detection and ranging (lidar) systems. Further information is available at www.innoluce.com

About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2015 fiscal year (ending September 30), the company reported sales of about Euro 5.8 billion with some 35,400 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).

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