Qimonda AG, (pronounced "key-MON-da") was a memory company split out of Infineon Technologies (itself a spun-off business unit of Siemens AG) on 1 May 2006, to form at the time the second largest DRAM company worldwide, according to the industry research firm Gartner Dataquest. Headquartered in Munich, Germany, Qimonda is a 300 mm manufacturer, and is one of the top suppliers of DRAM products for the PC and server markets. Infineon still controls a 77.5% stake, which it has written down (2008).

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  • Qimonda AG, (pronounced "key-MON-da") was a memory company split out of Infineon Technologies (itself a spun-off business unit of Siemens AG) on 1 May 2006, to form at the time the second largest DRAM company worldwide, according to the industry research firm Gartner Dataquest. Headquartered in Munich, Germany, Qimonda is a 300 mm manufacturer, and is one of the top suppliers of DRAM products for the PC and server markets. Infineon still controls a 77.5% stake, which it has written down (2008). Infineon was on record as having the aim of divesting itself of this stake, with the purpose of becoming a minority stakeholder in 2009. The company has issued 42 million ADR shares, each ADR share representing one ordinary share in Qimonda. At its height in 2007, Qimonda employed approximately 13,500 personnel worldwide, from whom 1,800 were employed in R&D with access to four 300 mm manufacturing sites and operating six major R&D facilities, and included a chip packaging complex in Vila do Conde, Portugal, and its lead R&D center in Dresden, Germany, in total covering three continents. During this time, and on into 2008/09, the price of DRAM continued to decline due to market oversupply, resulting in significant corporate financial losses throughout 2008. In October 2008 major restructuring was announced to try to reduce losses and re-align the company within the struggling DRAM sector. The restructuring saw the sale of Qimonda's interest in its largest 300 mm manufacturing site (Inotera, Taiwan - a joint venture between Nanya Technology and Qimonda AG, with QAG owning 35.6% at the time of sale) to its rival, Micron Technology, for approximately $400m in cash. Additionally, CEO Kin Wah Loh announced the closure by January 2009 of the company's single remaining 200 mm site in Richmond, Virginia. Other restructuring included the complete closure of the Raleigh R&D facility and the termination of the back-end component and module manufacturing site in Dresden. Altogether, approximately 3000 employees would be made redundant by the changes (excluding the Micron buy-out of Inotera). With a historical emphasis on PC and server products, the company now focused on products for graphics, mobile and consumer applications using its power-saving deep trench technology. The company continued to lose money, and sought new investors to help keep the company afloat. The continuing fall in the spot price of commodity DRAM resulted in Qimonda’s 75 nm Deep Trench technology no longer being economically viable. The decision was taken in November 2008 to cease production of all commodity DRAM at their Dresden and Richmond 300 mm manufacturing sites. Until this point Richmond had predominantly produced graphics DRAM, whilst Dresden manufactured commodity DRAM. This left the Dresden site’s production capability severely under-utilized (although a significant proportion of the line utilization remained as technology development). All of the graphics manufacture was therefore transferred from Richmond to Dresden. Qimonda’s financial situation worsened during December and the company focused its efforts on securing additional financial support. On December 21, 2008, Qimonda AG issed a press release stating that they had secured a financial package of €325 million for the ramp up of Buried Wordline technology. The package comprised a €150 million loan from the German state of Saxony, €100 million from an unspecified leading financial institution in Portugal, and €75 million from Infineon, Qimonda’s parent company. In addition, they were provided with the opportunity to draw on €280 million in the form of a state guarantee provided by the German federal government. In return, Qimonda agreed to commit to further development of their R&D and manufacturing sites in Porto, Portugal and Dresden, and to quickly ramp up their 46 nm BWT to improve economies of scale at Dresden. However on January 23, 2009, Qimonda AG filed for insolvency protection, stating that the promised package had not become available in time. However, subsequent media reporting of the event suggests that the agreement to the package fell apart at the last minute, and so was not available. It is reported that shortly prior to filing, Qimonda had requested a further €300 million on top of the already-agreed €325 million. The backers then refused to meet the demands. As a separate legal entity, Qimonda North America remained technically solvent. However, without financial support from the parent company or access to revenue from sales (which went to Qimonda AG) there were few options available to QNA. On February 3, 2009, QNA announced the closure of its remaining plant in Richmond, VA. This is the first known closure of an operating 300 mm production fab. On February 20, 2009, Qimonda North America filed for Chapter 11 bankruptcy protection. As a result of the bankruptcy filing, due to the unpaid wages, unpaid vacation balances, no severance, the unpaid severance of those who have severance agreements, and no 60 days notice of a plant closure as required by the WARN act, former workers at Qimonda LLC and Qimonda NA in Richmond, VA have decided to file a class action lawsuit against Qimonda to try and recover the unpaid wages, unpaid vacation balance, unpaid severance, and to get 60 days pay for a plant closure as required by the WARN act. The workers have been informed by legal sources that should they prevail in the lawsuit that they will be paid before unsecured creditors (e.g. , vendors), but after secured creditors. The Richmond site was only capable of manufacturing Qimonda's 75 nm Deep Trench technology chips with the manufacturing equipment available there. The concurrent DRAM pricing did not make this a viable manufacturing prospect given the financial situation due to the graphics chips, which were developed by Richmond, being transferred to Dresden by Qimonda AG prior to shutting down Qimonda LLC. Because Dresden was the core DRAM development site, manufacturing equipment capable of producing their (at the time, developmental) 46 nm Buried Wordline chips, with its reduced manufacturing cost benefits, was already on site. A corporate decision was taken to consolidate losses by closing the Richmond site. Richmond would not be capable of 46 nm BWL manufacture without substantial new equipment investment, requiring money that Qimonda did not have. Qimonda AG, however, moved the 75 nm video DRAM processes, which commanded a price premium over commodity PC DRAM products, from Richmond to Dresden in the months prior to shutting down Richmond. Transferring the graphics chips process away from Richmond made the situation at Qimonda LLC intractable. The Dresden site plods ahead with 46 nm Buried Wordline development and produced the first working samples at the beginning of February 2009. It is hoped that the improved technological and cost advantages of the BWL technology will attract new investors or business partners before insolvency cover ends on March 31, 2009. Qimonda's knowledge-base and collection of 20,000 patents remain very valuable. It is one of only three companies in the world to have mass produced GDDR3, GDDR5, and XDR memory. Winbond of Taiwan was able to achieve relatively good gross margins using trench technology licensed from Qimonda. Winbond is now successfully mass producing 65 nm buried wordline DRAM at this time and, among DRAM manufacturers, is currently the gross margin leader in Taiwan. This attests to the quality of Qimonda's intellectual property. Qimonda is also finished with litigation versus Rambus over intellectual property. However, Winbond manufactures both trench capacitor and stacked capacitor technology. Additionally, Winbond manufactures Flash Memory, SRAM, as well as some legacy DRAM products (DDR, DDR2). Moreover, the trench process is being produced only down to 90 nm, whereas the stacked capacitor process is being produced at the 65 nm lithography. Therefore, the comparison between Winbond and other DRAM manufacturers is an apples and oranges comparison. On March 13 2009, according to EETimes, Qimonda in Dresden has ceased all DRAM production for the time being. "We have not pulled the plug, we just went to standby-mode," a spokesperson explained. The company together with the administrator had been searching for fresh capital, but it was not possible to finalise a deal by the end of March, the end of the insolvency period. The 300 mm Dresden plant will be idled until such time as its future has been decided. Without either a partner to purchase Qimonda or an investor to recapitalize Qimonda, Qimonda's existence as an on-going concern is dubious at best. Currently, Qimonda Richmond is down to a skelton crew of approximately 60 people, including 10 staff managers. Prior to the layoffs, the level of staff managers was 10 as well. On June 22, 2009, Qimonda Richmond is filing a petition in bankruptcy court to allow 46 employess to receive a bonus payment totaling $1.24 million. However, as one may recall, Qimonda declared bankruptcy on Feb. 20, 2009 in Federal Court in Delaware. As a result, many employees did not receive their final paycheck, nor did many employees receive cash in lieu of their vacation balance. On June 25, 2009, bankruptcy court in Delaware allowed Qimonda Richmond to pay out a $1.24 million bonus to 46 employees as a part of a "shut down" bonus. No mention was made concerning those who hadn't received their vacation pay or a severance or in some cases, their final paycheck. On July 1, 2009, former Qimonda employees gathered outside of Qimonda Richmond to protest the $1.24 million payout bonus to 46 employees. Virginia State Delegate Joe Morrissey of the 74th district was present at the protest.
  • Die Qimonda AG ist ein Halbleiterhersteller mit Hauptsitz im bayerischen München. Das Unternehmen gehört mit 77,5 Prozent mehrheitlich zur Infineon Technologies AG. Im Geschäftsjahr 2007 erzielte Qimonda einen Umsatz von 3,6 Milliarden Euro und einen Nettoverlust von 249 Millionen Euro. Weltweit beschäftigt das Unternehmen 13.481 Mitarbeiter, davon 5.072 an den Standorten München und Dresden. Infolge des massiven Preisverfalls innerhalb der Branche meldete Qimonda am 23. Januar 2009 Insolvenz beim Amtsgericht München an.
  • Qimonda AG est un fabriquant de semi-conducteurs basé à Munich, en Allemagne. Il a commencé ses activités le 1 mai 2006, après que la division mémoire du groupe Infineon devint une entité légale distincte. Qimonda est désormais le quatrième plus grand fabricant de puces mémoire. La société possède 12 000 employés à travers le monde. Lors de son introduction en bourse, la maison mère de Qimonda prévoit de mettre sur le marché 25% de ses actions, pour un montant estimé à un milliard d'euros. Le 23 janvier 2009, Qimonda a déposé le bilan.
  • Qimonda è una società di chip di memoria a semiconduttori con sede a Monaco in Germania. È stata fondata l'1 maggio 2006, dopo che la divisione di prodotti di memoria di Infineon è stata separata diventandone sua sussidiaria. Qimonda ora è la quarta più grande produttrice di chip di memoria al mondo. Nell'ottobre del 2007 ha annunciato una joint venture con Sony al fine di sviluppare nuove tecnologie per le memorie. Ha 12.000 dipendenti in tutto il mondo e nel gennaio del 2009 ha dichiarato lo stato d'insolvenza. Nell'aprile dello stesso anno è entrata in amministrazione controllata e ha fermato la produzione di semiconduttori.
  • キマンダ (Qimonda AG) は、ドイツの半導体メモリメーカー。2006年5月1日にインフィニオン・テクノロジーズのメモリ部門を分社化して設立された。ハイテク産業調査会社ガートナーデータクエストによると世界第三位のDRAMメーカーとされる。 300mmチップ製造のトップメーカーで、PC、サーバ市場向けのDRAM供給トップの1つである。 インフィニオン・テクノロジーズAGが株式の77.47%の支配している。 キマンダ社員は、全世界でおよそ12,000人(3大陸にまたがる5つの300mmチップ製造工場に関わる研究開発(R&D)社員を含む)。ドレスデンには、R&Dセンターがある。 従来からPCとサーバ製品に重点をおき、現在は、グラフィックス、モバイルと、電力消費低減技術に注力している。 キマンダAGは、NYSEでティッカーシンボルはQIで公開されている。 本社は、ドイツミュンヘン。米国での株式取引をスムーズにするためにキマンダ株所有の代わりとなる米国預託証券を42百万株を発行している。 2009年1月23日に破産申請をした。 2009年4月1日に事業再生手続きを開始した。
  • Qimonda N.V. is een Duitse computerchipmaker ontstaan op 1 mei 2006 door afsplitsing met Infineon Technologies AG. Het hoofdkantoor is gevestigd in München
  • Qimonda AG — немецкая компания, один из ведущих производителей памяти DRAM. (Второй по результатам первой половины календарного 2006 года, согласно отраслевому исследованию компании Gartner Dataquest. ) Ранее компания была дивизионом Infineon Technologies AG, с 1 мая 2006 была выделена в независимую компанию. 9 августа 2006 года компания произвела размещение своих акций на Нью-Йоркской Фондовой бирже. Оборот компании в 2006 финансовом году составил €3,81 млрд. , число сотрудников — около 12000 человек. 23 января 2009 Qimonda AG обратилась в мюнхенский суд с заявлением о банкротстве.
  • 奇夢達公司(Qimonda AG)是一家在2006年5月1日由英飛凌科技公司分拆而成的新記憶體公司,為全球第二大的DRAM公司、300mm工業的領導者和個人電腦及伺服器DRAM產品市場最大的供應商之一。奇夢達現時是英飛凌的全資子公司,總部位於德國慕尼黑,2006年財政年度淨銷售額為48億9,000萬元,除稅及利息前盈利為2億5900萬。 奇夢達全球擁有約12,000名雇員,其中包括1,800名硏究開發人員;於三個洲擁有五個300mm生產地點,共營運了五個主要的硏究開發設施,其中包括在德勒斯登的領先硏究開發中心。該公司從前強調於個人電腦與伺服器產品,現時則集中於使用其省電式深溝電容技術的圖像、移動設備與消費者應用產品。奇夢達的股份於紐約證券交易所以股票代號QI發行。 該公司共發行了4,200萬美國存託股份(ADS),每股相等於一股奇夢達的普通股。 2009年1月23日,公司向法院申請破產保護。
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  • € 1.79 billion net sales (FY 2008)
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  • Qimonda AG, (pronounced "key-MON-da") was a memory company split out of Infineon Technologies (itself a spun-off business unit of Siemens AG) on 1 May 2006, to form at the time the second largest DRAM company worldwide, according to the industry research firm Gartner Dataquest. Headquartered in Munich, Germany, Qimonda is a 300 mm manufacturer, and is one of the top suppliers of DRAM products for the PC and server markets. Infineon still controls a 77.5% stake, which it has written down (2008).
  • Die Qimonda AG ist ein Halbleiterhersteller mit Hauptsitz im bayerischen München. Das Unternehmen gehört mit 77,5 Prozent mehrheitlich zur Infineon Technologies AG. Im Geschäftsjahr 2007 erzielte Qimonda einen Umsatz von 3,6 Milliarden Euro und einen Nettoverlust von 249 Millionen Euro. Weltweit beschäftigt das Unternehmen 13.481 Mitarbeiter, davon 5.072 an den Standorten München und Dresden. Infolge des massiven Preisverfalls innerhalb der Branche meldete Qimonda am 23.
  • Qimonda AG est un fabriquant de semi-conducteurs basé à Munich, en Allemagne. Il a commencé ses activités le 1 mai 2006, après que la division mémoire du groupe Infineon devint une entité légale distincte. Qimonda est désormais le quatrième plus grand fabricant de puces mémoire. La société possède 12 000 employés à travers le monde.
  • Qimonda è una società di chip di memoria a semiconduttori con sede a Monaco in Germania. È stata fondata l'1 maggio 2006, dopo che la divisione di prodotti di memoria di Infineon è stata separata diventandone sua sussidiaria. Qimonda ora è la quarta più grande produttrice di chip di memoria al mondo. Nell'ottobre del 2007 ha annunciato una joint venture con Sony al fine di sviluppare nuove tecnologie per le memorie.
  • Qimonda N.V. is een Duitse computerchipmaker ontstaan op 1 mei 2006 door afsplitsing met Infineon Technologies AG. Het hoofdkantoor is gevestigd in München
  • Qimonda AG — немецкая компания, один из ведущих производителей памяти DRAM. (Второй по результатам первой половины календарного 2006 года, согласно отраслевому исследованию компании Gartner Dataquest.
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