Qimonda Focusing Production on 300mm Capacity to Improve Competitiveness

Qimonda AG (NYSE:QI) today announced additional measures to further focus its production on 300mm capacities at increased competitiveness, reducing capacities at 200mm manufacturing facilities worldwide. With this move, the share of 300mm capacity will increase to approximately 90 percent by the end of the current financial year.

In Richmond/USA, the number of 200mm wafer starts will be reduced by approximately 15 percent, in the context of switching capacities from 110nm to 80nm technology. The remaining 200mm capacity will continued to be used for manufacturing legacy products.

At its Dresden site in Germany, Qimonda will discontinue the contract manufacturing of 200mm Qimonda products by Infineon Dresden. The last wafers for Qimonda will enter production at the end of February 2008. Qimonda is in close contact with Infineon to find joint solutions within its agreement with Infineon for a smooth implementation of the required measures and the sharing of costs caused by these measures. Qimonda’s cornerstone activities in Dresden will be its 300mm manufacturing and Research & Development. Infineon in Dresden will focus on logic for various applications such as automotive, communications or security, positioning the site as a competence center for chips sizes from 250 to 90nm.

As previously reported, the contract manufacturing of 200mm capacity by Qimonda partners Winbond and SMIC in Asia are already or will be discontinued at the end of 2007.

About Qimonda

Qimonda AG (NYSE: QI) is a leading global memory supplier with a broad diversified DRAM product portfolio. The company generated net sales of Euro 3.61 billion in its 2007 financial year and has approximately 13,500 employees worldwide. Qimonda has access to five 300mm manufacturing sites on three continents and operates five major R&D facilities. The company provides DRAM products for a wide variety of applications, including in the computing, infrastructure, graphics, mobile and consumer areas, using its power saving technologies and designs. Further information is available at www.qimonda.com.

Disclaimer

This press release contains forward-looking statements based on assumptions and forecasts made by Qimonda management and third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and speak only as of the date they are made. We undertake no obligation to update any of them in light of new information or future events. These forward-looking statements involve inherent risks and are subject to a number of uncertainties, including trends in demand and prices for semiconductors generally and for our products in particular, the success of our development efforts, both alone and with our partners, the success of our efforts to introduce new production processes at our facilities and the actions of our competitors, the availability of funds for planned expansion efforts and the outcome of antitrust investigations and litigation matters, as well as other factors. We caution you that these and a number of other known and unknown risks, uncertainties and other factors could cause actual future results, or outcomes to differ materially from those expressed in any forward-looking statement. These factors include those identified under the heading “Risk Factors” in our most recent Annual Report on Form 20-F available without charge on our website and at www.sec.gov.

Contacts

Qimonda AG
Worldwide Headquarters
Michael Kraft, +49 89 60088 1400
michael.kraft {at} qimonda(.)com
or
Florian Gersbach, +49 89 60088 1600
florian.gersbach {at} qimonda(.)com
or
U.S.A.
Donna Wilson, +1 408 501 7188
donna.wilson {at} qimonda(.)com
or
Asia
Isabel Chen, +886 2 8170 8177
isabel.chen {at} qimonda(.)com
or
Japan
Kenichi Sugiyama, +81 3 5745 7495
kenichi.sugiyama {at} qimonda(.)com
or
Investor Relations Worldwide
Steve Harrison, +1 919 677 6904
steve.harrison {at} qimonda(.)com
or
Investor Relations Europe & Asia
Andreas Schaller, +49 89 60088 1200
andreas.schaller {at} qimonda(.)com