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Infineon sale of NOR Flash and F-RAM to Winbond seen positive

Bank of America’s Didier Scemama says Infineon’s planned sale of its NOR Flash and F-RAM business to Winbond Electronics for $1.12 billion is positive.

IFX

Bank of America’s Didier Scemama says Infineon Technologies’ agreement to sell its NOR Flash and F-RAM business to Taiwan-based Winbond Electronics Corp. 12 billion is positive for the German chip maker. The business Infineon is selling includes a portfolio of flash memory.