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Siemens changes name to Infineon

Low key announcement could herald sell-off

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Siemens today confirmed it had spun off its semiconductor business as a separate company. The new entity is named Infineon, and the name change happened on the 1st of April, said a representative at Siemens AG press office. The release went out in German. The low key announcement has gone practically unnoticed by the press, but could herald a move by Siemens to sell the division. The company's Web site is here ®

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