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 (fse: ifx / 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.
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