Infineon first chipmaker to be named “Partner of The Year” by Hyundai for cooperation in electro-mobility
Munich, Germany, and Seoul, Korea – 18 January 2019 – Semiconductors are a key enabler for electro-mobility: Hyundai Kia Motors Company named Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) “Partner of the Year 2018” for providing power modules used in hybrid and electric cars. Infineon is the first chipmaker to receive the award since it was established in 2002. Seung Soo Scott Lee, Managing Director of Infineon Technologies Korea, accepted it during a ceremony on the Korean Jeju Island. In total, the world’s fifth largest car manufacturer honored 23 companies in 14 different categories, Infineon being one of only two partners in the category “Overseas Supplier”.
   
The award selection committee stated that “Infineon had shown excellent performance in developing and quickly ramping a new power module. Our cooperation in creating the Double Sided Cooling products with their increased electrical performance will support Hyundai’s further growth in electro-mobility. We are expecting a good long-term partnership also in the future.”

In electrified cars, Infineon’s power modules of the HybridPACK™ family serve as the energy bridge between the battery system and the electric drive. They convert the battery’s direct current (DC) into alternating current (AC) to drive the electric motor, and the AC generated during braking back to DC to charge the battery. The efficiency of this process, i.e. how much energy is lost along the way, directly impacts the range of an electric car, the necessary battery size and thus the costs.

“With electro-mobility on the rise, the global demand for automotive power semiconductors will continue to increase rapidly,” said Peter Schiefer, President of the Automotive Division at Infineon. For example, according to research by Strategy Analytics the drivetrain of a full hybrid or plug-in hybrid electric vehicle requires power semiconductors worth about 19 times as much as in a conventional car. “Based on our leading module and chip manufacturing capabilities on 300-millimeter wafers, we work closely with our customers to enable sufficient supply of power semiconductors for the upcoming electro-mobility growth. The award clearly shows how much our customers appreciate our operational excellence and our passion for innovation,” said Schiefer.

Infineon is the world’s largest supplier of power semiconductors. The company is currently extending its respective production capacities at its sites in Dresden, Germany, and Kulim, Malaysia. Furthermore, in November 2018 Infineon broke ground on a new 300-millimeter production facility at its site in Villach, Austria, which is expected to be ready for production in 2021.
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 2018 fiscal year (ending 30 September), the Company reported sales of €7.6 billion with about 40.100 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).

Follow us: TwitterFacebook - LinkedIn
 
 
 
» Infineon Technologies
» Press Releases
» Press Release
Date: 18.01.2019 11:15
Number: INFATV201901-029e
» Press Photos

 Download der hochauflösenden Version...
Hyundai Ioniq Plug-in hybrid (use permitted for press purposes only – by courtesy of Hyundai Motors Germany, source: https://www.hyundai.news/de/)

 Download der hochauflösenden Version...
Hyundai Ioniq Plug-in hybrid (use permitted for press purposes only – by courtesy of Hyundai Motors Germany, source: https://www.hyundai.news/de/)

 Download der hochauflösenden Version...
“The ‘Partner of the Year’ award from Hyundai Kia Motors Company clearly shows how much our customers appreciate our operational excellence and our passion for innovation,” said Peter Schiefer, President of the Automotive Division at Infineon.

 Download der hochauflösenden Version...
The power modules HybridPACK™ DSC (Double Sided Cooling) target hybrid and electric vehicle applications such as main inverters and generators.
» Contacts
Infineon Technologies AG

Media Relations
Tel: +49 89-234-28480
Fax: +49 89-234-9554521
media.relations@infineon.com

Investor Relations:
Tel: +49 89 234-26655
Fax: +49 89 234-9552987
investor.relations@infineon.com
» More Press Releases
28.03.2024 07:00
Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology

27.03.2024 14:15
Infineon introduces 80 V MOSFET OptiMOS™ 7 with lowest on-resistance in the industry for automotive applications

26.03.2024 10:15
New SSO10T TSC top-side cooling package for power MOSFETs enables highest efficiency for modern automotive applications

25.03.2024 14:15
Infineon presents innovative semiconductor and microcontroller solutions for a greener future at embedded world 2024

21.03.2024 14:15
Infineon extends its XDP™ digital power protection controller family with the XDP700-002, the industry's first wide input voltage hot-swap controller for telecom infrastructure