Qimonda

Qimonda

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Qimonda

Qimonda AG (), (pronounced "key-MON-duh") is a memory company split out of Infineon Technologies AG on May 1, 2006, to form the second largest DRAM company worldwide, according to the industry research firm Gartner Dataquest. Qimonda is a leader in 300 mm manufacturing, and is one of the top suppliers of DRAM products for the PC and server markets. Infineon still controls a 77.5% stake.

Qimonda employs approximately 13,500 worldwide, including 1,800 in R&D with access to four 300 mm manufacturing sites on three continents. It operates six major R&D facilities, including its lead R&D center in Dresden.

With a historical emphasis on PC and server products, the company is now focusing on products for graphics, mobile and consumer applications using its power-saving trench technology. Qimonda AG is based in Munich, Germany. The company has issued 42 million ADR shares, each ADR share representing one ordinary share in Qimonda.

By all accounts Qimonda is on the verge of collapse. Massive losses due to oversupply in DRAM has drained Qimonda of most of its cash. Its days appear to be numbered.

Meaning Of Qimonda
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Meaning Of Qimonda

The name and brand identity of Qimonda express the philosophy and personality of the company, illustrating its vision and values. The word ?Qimonda? carries different meanings and allows associations in different languages. In Chinese, ?Qi? stands for breathing and flowing energy, while ?monda? denotes ?world? in Latin-based languages. "Qi", when pronounced as a hard "k", suggests ?key to the world?, a positive connotation.

Achievements

Qimonda was among the first DRAM suppliers to transition a substantial portion of the manufacturing to 300 mm technology. Approximately 2/3 of the DRAM bits shipped are manufactured using 300 mm wafers .

On September 18th, 2006 Qimonda AG along with Nanya Technology Corporation announced the successful qualification of the 75nm DRAM trench technology. Process structures of 75nm further reduce chip size compared to the previous 90nm technology thereby increasing potential chip output per wafer by about 40 percent http://www.qimonda.com/about/press/releases/QAG200609_0018e.html?query=*&sort=date-released&category=&searchroot=.

On November 1st, 2007 Qimonda AG announced shipment of first GDDR5 samples http://www.qimonda.com/about/press/releases/11_2007_GDDR5_Sampling_e.html?query=*&sort=date-released&category=&searchroot=.

On October 28th, 2008 Qimonda AG achieved the lowest share price of USD 0.19 on NYSE. On November 24th, 2008 Qimonda AG achieved the lowest share price of USD 0.05 on NYSE.