Infineon Technologies AG is a Germany-based company developing semiconductors and system solutions for automotive and industrial electronics, and chip card, as well as security applications. It diversifies its operations into four main divisions: Automotive; Industrial Power Control; Chip card & Security, and Power Management and Multimarket. The Automotive division designs, develops, manufactures and markets semiconductors for use in automotive applications. The Industrial Power Control division designs, develops, manufactures and markets semiconductors and system solutions primarily for use in industrial electronic applications and in applications with customer-specific product requirements. The Chip Card & Security division designs, develops, manufactures and markets various security controllers and security memories for chip card and security applications. The Power Management and Multimarket division focuses on components for power management on high-frequency applications.