Germany-based semiconductor manufacturer Infineon Technologies is in discussions with interested parties about a transaction concerning Infineon's segment Wireless Solutions (WLS). While confirming that "significant progress" has been made within these discussions, the company would not name the interested parties. The objective of a potential transaction is the strategic development of the segment Wireless Solutions (WLS), Infineon said. With annual revenue of EUR 917 million, WLS contributed around 30 percent to Infineon Technologies's total annual sales of EUR 3.027 billion in the past financial year. In recent weeks, Intel was named in media reports as a potential buyer of the division, while Samsung and Broadcom were mentioned as possible joint venture partners.
