Qimonda AGMunich, Germany (Pink Sheets: QMNDQ)

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Qimonda Company Description

Qimonda has bigger problems these days than in getting people to properly pronounce its corporate name (it's "key-MOAN-duh"). The memory chip maker declared bankruptcy in early 2009 after two years of losing money in the volatile memory device markets. The company sells Aeneon-branded memory products for the channel and retail markets, while using the Qimonda brand for OEM customers. Its top customers have included Hewlett-Packard and Dell, with more than three-quarters of Qimonda's sales coming from the Asia/Pacific and North American markets. Infineon Technologies owns around 77% of Qimonda.

View the Comprehensive Company Description for Qimonda

The Company Description provides a historical perspective of Qimonda's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Qimonda's evolution in the marketplace.

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