Friday, May 6, 2011

Infineon sees growth in areas of power infrastructure, transportation and electronic security

BANGALORE, INDIA: Infineon Technologies re-iterated that its three focus areas of energy efficiency, mobility and security has an important role to play in the growth areas of power infrastructure, transportation and electronic security in India.

As electricity becomes the most important energy carrier of the 21st century, state-of-the-art power semiconductors are essential for generating power from wind, sun and water and for transporting energy over long distances. Without semiconductors, economical use of energy would be inconceivable, be it in motors, power supply units, lamps, or in computers.

According to iSuppli, India’s semiconductor market is estimated to grow from $5.6 billion in 2010 to $8.8 billion in 2015. Semiconductor based applications will likely get a major boost from Government of India’s energy security policies such as the National Solar Mission and the National Council for Electric Mobility (NCEM).

National programs such as the Aadhaar unique identification for Indian citizens, and technology upgrade such as HVDC linkages and electrification of trains, ensure higher energy efficiency to better meet the growing demands of India’s rapid economic growth.

Since electrical power demand increases in tandem with economic growth, minimizing electricity wastage throughout the value chain is the most realistic and impacting way to go green and fulfill the mandates set in the government policies. These areas are keenly addressed by Infineon with a wide range of product portfolios and solutions from its Automotive, Industrial and Multi-Market, and Chip Card & Security divisions.

Andrew Chong, regional president and MD, Infineon Technologies Asia Pacific Pte Ltd, said: “We have seen the rapid adoption of technology in emerging market like China and feels that with timely execution of the missions, India is embarking on a similar journey from demand fulfillment to demand creation. One key aspect of demand creation is to address local needs with local solutions, but with world-class technology. This is what we can offer to our partners and customers in India.”

Vinay Shenoy, MD, Infineon Technologies India, added: “We are uniquely poised to leverage the emerging growth opportunities in India through an already well established software development and qualification centre for worldwide automotive and chip card applications. Building upon this, we are now putting emphasis on applications engineering and customer technical support with the aim of addressing local demand creation.”

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