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BERLIN (AP) - German chipmaker Infineon AG said Wednesday its supervisory board has approved a plan for a separate U.S. stock market listing for its Qimonda AG unit.
The company said it plans to list the memory chip unit on the New York Stock Exchange in the second half of the year but was not more specific.
The offering will have both a "primary component" where Qimonda issues new shares as well a "secondary component" where Infineon will sell its Qimonda shares, the company said.
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