(Hong Kong, March 24, 2025) - Intron Technology Holdings Limited ("Intron Technology" or "Group"; Stock code: 1760.HK), a leading provider of automotive electronics solutions in China, recently hosted an annual conference with Infineon Technologies ("Infineon") in Guangzhou. The event celebrated the outstanding success of the business cooperation between Intron Technology's semiconductor business unit and Infineon’s Greater China automotive semiconductor division in FY2024. This achievement not only highlights the stable and ever-deepening partnership between the two companies, but also marks a new phase of progress for Intron Technology in the automotive electronics sector.
Under the theme "United for Innovation & Value Creation, Win the Future Together", the conference brought together prominent leaders from both companies, including David Poon, Senior Vice President of Infineon Technologies and President of Infineon Technologies Greater China; Freeman Cao, Senior Vice President of Infineon Technologies and Head of Automotive, Infineon Technologies Greater China; Diana Cheng, Vice President and Head of Distribution, EMS & Mass Market Greater China, Infineon Technologies; Davy Luk, Chairman, Co-CEO and Executive Director of Intron Technology; Eddie Chan, Executive Director and Co-CEO of Intron Technology; Philip Chan, Executive Director and General Manager of Intron Technology and other leaders attended and gave speeches. The event was attended by nearly 100 representatives from Intron Technology's Semiconductor Business Unit and Infineon's Automotive Business Greater China team, who gathered to celebrate and reaffirm the strong business cooperation between the two companies, marking this important moment in their partnership.
(From left to right) Mr. Rix Liu, Senior Director of Distribution, Infineon Greater China; Mr. Philip Chan, Executive Director and General Manager of Intron Technology; Mr. Eddie Chan, Executive Director and Co-CEO of Intron Technology; Mr. David Poon, Senior Vice President of Infineon Technologies and President of Infineon Technologies Greater China; Ms. Diana Cheng, Vice President and Head of Distribution, EMS & Mass Market Greater China, Infineon Technologies; Mr. Freeman Cao, Senior Vice President of Infineon Technologies and Head of Automotive, Infineon Technologies Greater China; and Mr. Davy Luk, Chairman, Co-CEO and Executive Director of Intron Technology.
In 2024, Intron Technology effectively navigated multiple challenges, including intense price competition in the automotive industry and dramatic shifts in the competitive landscape. As the largest distributor and agent for Infineon’s automotive semiconductor products in Greater China, Intron Technology actively collaborated with Infineon to expand its customer base and deepen its market presence while exploring new growth opportunities. Through close collaboration and efficient coordination, the two companies strengthened their business cooperation despite a weakened overall demand in the automotive electronics industry. Fueled by Intron Technology’s strategic focus on localized deployment, innovative technologies, and superior customer service, their joint business cooperation in FY2024 achieved outstanding growth, reaching new heights for the scale of collaboration with Infineon’s automotive semiconductor division in Greater China. These results highlight Intron Technology’s exceptional resilience and sustainable growth potential, further reaffirming its core competitiveness and leadership in the automotive electronics industry.
In 2005, Intron Technology's semiconductor business unit formally became one of the local distributors of Infineon's automotive semiconductor business, marking the beginning of a collaborative journey characterized by complementary strengths and joint development. Over the years, the two companies have continuously deepened their business cooperation in automotive semiconductors, progressing from the co-development of pressure sensors covering the entire EFI market, to vehicle control units and battery management systems built on Infineon's microcontrollers, and more recently to a functional safety-oriented platform tailored for autonomous driving. Together, their ongoing collaboration has empowered the local automotive industry.
Freeman Cao, Senior Vice President of Infineon Technologies and Head of Automotive, Infineon Technologies Greater China, said, "The nearly 20 years of in-depth business cooperation between Infineon and Intron Technology is not only a testament to time but also a reflection of the close connection, mutual empowerment, and comprehensive partnership between the two companies. The rapid development of China's automobile market in recent years has brought unprecedented opportunities for Infineon's development in the local market. In the future, Infineon will provide Intron Technology with more resources and in-depth collaboration in the areas of product development and marketing. We are confident in Intron Technology’s ability to continue leveraging its exceptional capabilities and unique advantages in the Chinese automotive electronics market, and we look forward to jointly writing a new chapter of coordinated growth. "
Davy Luk, Chairman, Co-CEO and Executive Director of Intron Technology, said, "An in-depth understanding of the local market and excellent technical services have always been the key to our success in navigating fierce market competition. In the future, Intron Technology will continue to strengthen its strategic cooperation and comprehensive synergy with Infineon. Guided by customer needs, we will further optimize our service system to fully leverage the strong synergy and ecosystem advantages of Intron Technology's 'service platform for the automotive electronics industry.' This will accelerate the deployment of more innovative applications and solutions in the local market, built on Infineon's advanced technologies and semiconductor devices, and contribute to driving China's automotive industry towards greater intelligence and sustainability"
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About Infineon Technologies (Ticker symbol: IFX / IFNNY)
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). For more information, please visit: www.infineon.com
About Intron Technology Holdings Limited (Stock code: 1760.HK)
Intron Technology Holdings Limited is a leading automotive electronics solutions provider in China focuses on providing solutions targeting critical automotive electronic components applied in New Energy, Automated Driving, Connectivity, Body Control, Safety and Powertrain systems. The Group leverages its engineering and R&D expertise, combined with advanced semiconductor devices, to offer industry-leading productized solutions for customers, thereby fostering the sustainable development of Automotive Industry in China. Intron Technology has been included in the FTSE Global Equity Index Series ("GEIS"). For more information, please visit: www.intron-tech.com
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