Infineon Technologies designs and manufactures semiconductors for automotive, industrial, and IoT applications, including power devices, microcontrollers, sensors, and security ICs. The Germany-based public company, spun out of Siemens in 1999 and headquartered in Neubiberg near Munich, sells chips and reference solutions to OEMs and device makers worldwide. It trades on the Frankfurt Stock Exchange (ETR: IFX) and expanded its portfolio with the 2020 acquisition of Cypress Semiconductor.