Infineon and GlobalFoundries Extend Long-Term Agreement with Focus on Automotive Microcontrollers

MUNICH, Germany and MALTA, N.Y., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Infineon Technologies AG (OTCQX:IFNNY) and GlobalFoundries (NASDAQ:GFS) (GF) today announced a new multi-year agreement on the supply of Infineon's AURIX™ TC3x 40 nanometer automotive microcontrollers as well as power management and connectivity solutions. The additional capacity will contribute to secure Infineon's business growth from 2024 through 2030. Infineon and GF have been partnering since 2013 in the development of differentiated au ...