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Global Markets Head Lower

Global stock markets headed lower at the end of a turbulent month that was dominated by concerns over China and the timing of the U.S. Federal Reserve’s future interest rate rise.

Meet the Private Watchdogs Policing Finance

The use of outside monitors to police financial institutions that have misbehaved has exploded in recent years, sometimes generating friction.

Iran Deal Could Open Door to Gulf Businesses

While executives in the Gulf see opportunities, the region’s governments remain at loggerheads on other issues.

Fed Appears to Hold Line on Rate Plan

Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

U.A.E. Takes Lead in Southern Yemen

U.A.E. forces prevented Houthi rebels in Yemen from overrunning the Yemeni port city of Aden and now also reluctantly find themselves in the business of nation-building.

Eurozone Inflation Stays Low

Eurozone consumer prices were barely higher than a year earlier in August, a development likely to fuel speculation that the ECB will have to expand its recently launched bond-buying program.

Islamic State Blows Up Temple of Bel in Syria’s Palmyra

Islamic State has partially destroyed Palmyra’s 2,000-year-old Temple of Bel in a massive explosion, activists and a monitoring group said.

Apple’s Ad Blockers Rile Publishers

Apple’s move to make it easier to block ads on iPhones and iPads is troubling publishers and heightening tensions with its Silicon Valley neighbors like Google.

Personal Tech

Google OnHub Review: The Wi-Fi Router Gets a Brain

The search giant enters the home networking category, and makes your old router look stupid.

Iliad Lifted by New Mobile Clients

Iliad said net profit rose 16% in the first half as the French low-cost telecom company continued to win over new mobile clients with its ultracheap tariff plans.

Alibaba Targets Rural China for E-Commerce Growth

China e-commerce titans Alibaba and JD.com, facing a slowdown in the growth of their core urban customers, are battling to crack a new frontier: the sprawling countryside with some 600 million potential shoppers.

Hip-hop producer Irv “Gotti” Lorenzo, center, in 2007.

Hip-hop producer Irv “Gotti” Lorenzo, center, in 2007.

The Only Bank This Hip-Hop Mogul Will Use

Low-profile Signature Bank has become one of the nation’s fastest-growing lenders, attracting a fan base ranging from hip-hop mogul Irv “Gotti” Lorenzo to former Congressman Barney Frank.

BNY Mellon’s Pricing Problems Persist

Executives at Bank of New York Mellon Corp. are racing against the clock to make it through a backlog of pricing issues before the markets open Monday morning.

Lawyer’s Offstage Acts Threaten Record Pact

When federal agents showed up at Keila Ravelo’s home three days before Christmas, they kicked off a chain of events that could send her to prison and scuttle the biggest antitrust settlement in U.S. history.

Ageas to Sell Hong Kong Life Insurance Business

Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for €1.23 billion.

Eni Reports Huge Natural-Gas Discovery off Egypt

Eni SpA said it made a massive natural-gas discovery off the coast of Egypt in what the Italian oil-and-gas company is calling the largest ever find in the Mediterranean Sea.

Suppliers Feel Pain as Coal Miners Struggle

As big coal miners struggle, their equipment suppliers—thousands of businesses sprinkled throughout Pennsylvania, West Virginia, Ohio and Kentucky—are scrambling to find new customers anywhere they can. 86

China Slowdown to Hit Asia Electronics Supply Chain

After several years of torrid expansion, the slowdown in smartphone sales in China is expected to hit Asian parts suppliers.

U.K. Approves Giant North Sea Gas Project

A.P. Møller-Maersk A/S said it has received approval to develop the $4.5 billion Culzean gas field, the largest new find in the U.K. North Sea for a decade.

Canadian Oil Sands Halts Crude Production at Syncrude

Canadian Oil Sands Ltd.has halted production at its Syncrude project in northern Alberta after a fire damaged equipment at its synthetic crude oil processing facility.

Biden Faces Narrow Path

As Vice President Joe Biden weighs a presidential bid, he must confront a number of fundamental questions. Among them: Does he have a viable path through an electoral map that is becoming more treacherous? 244

EU Ministers Push for Action on Migrant Crisis

Germany, France and the U.K. pushed for a faster response in dealing with a migration crisis, as Hungarian police detained a fifth person in connection with the deaths of 71 migrants found in a truck in Austria.

France to Finance Tax Cuts With Cost Savings

The French government says it can find $2.2 billion worth of savings in 2016 to pay for tax cuts for households without sacrificing France’s commitment to reduce the budget deficit.

Climate Change Builds as 2016 Issue

President Barack Obama’s trip to Alaska’s Arctic on Monday will likely reverberate much farther south, on the 2016 presidential campaign trail, where global warming is expected to emerge as a key issue. 261

In Japan, Foreigners Fill Workforce Gaps

Non-Japanese are taking a bigger role in powering Japan’s economy, as a labor shortage impels the nation to overcome its longstanding resistance to foreign workers.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09

Jason Gay

On Open’s Eve, Words From a King

The U.S. Open has become a showcase for what tennis can be in America. The tournament, which begins Monday at the Billie Jean King National Tennis Center, has the legendary King’s fingerprints all over it, Jason Gay writes.

IMAGE 1 of 12

Video Music Awards 2015

Kanye West gave a long rant at the MTV Video Music Awards as he apologized to Taylor Swift for taking her microphone in 2009. Swift presented West with the Michael Jackson Video Vanguard Award. Earlier, she and Nicki Minaj buried their beef by joining forces onstage.

WSJ Blogs

Real-time commentary and analysis from The Wall Street Journal
Die Seite Drei
Schnelle Analysen und Beobachtungen zum Zeitgeschehen

Infineon-Chef kämpft mit der Technik

Es ist schon eine ziemliche skurrile Situation: Da sitzt das Management eines der unbestritten innovativsten Unternehmen Deutschlands auf dem Podium und erklärt den Aktionären bei der Hauptversammlung, welche Vorteile es mit sich bringt, wenn man – als einziges Unternehmen weltweit wohlgemerkt – in der Lage ist, Leistungshalbleiter auf 100 Millimeter größeren Wafern zu produzieren. Leistungshalbleiter? Wafer? Man muss als Anteilseigner schon einigermaßen interessiert sein, was man mit seinen Aktien eigentlich hält, um hier mitzukommen. Da können sich Vorstandschef Reinhard Ploss, Finanzchef Dominik Asam und Technologievorstand Arunjai Mittal noch so sehr anstrengen, das in einfache Worte zu fassen.

Doch, und das ist die irgendwie beruhigende Nachricht für jeden, der im Kampf mit der alltäglichen Technik des modernen Lebens schon einmal verzweifelt ist: Wenn es darum geht, das Gesagte auch hörbar zu machen, sprich das Mikrofon erst an- und nach dem Statement wieder auszuschalten, ist auch ein ausgewiesenes Technik-Ass wie Ploss überfordert. Immer wieder legt er, ebenso wie Asam los, bevor er das magische Knöpfchen gedrückt hat, das die Aussagen – wie bei Hauptversammlungen allgemein üblich – bis in die Toilette überträgt.

Auch das mit dem Ausschalten ist offenkundig gar nicht so einfach. Bisweilen ist das Getuschel zwischen den Vorständen und Aufsichtsratschef Wolfgang Mayrhuber noch zu hören, wenn ein anderer am Podium schon wieder eine neue Frage aus dem Plenum beantwortet. Menschlich, irgendwie sympathisch ist das – wie auch gerade Ploss auch sonst einen angenehm, im positiven Sinn hemdsärmeligen Eindruck vermittelt – und das auch mit Jackett. Anders als so mancher Dax-Vorstand ist er, wie schon sein Vorgänger Peter Bauer, dem bei seiner ersten Hauptversammlung nach seinem krankheitsbedingten Ausscheiden viel Sympathie entgegenschlägt, ganz und gar nicht abgehoben.

Und so ist Ploss eben auch vor den technischen Finessen mit all ihren Tücken nicht gefeit. Die Fragen der Aktionäre hat er, wie seine Kollegen am Podium auch, auf einem Touchpad vor sich, das er und Asam mit ihren Bedienstiften bearbeiten, was das Zeug hält. „Haben wir noch eine Frage“, fragt Ploss nach einer Antwortrunde fast schon hilflos in die Runde. „Moment, bitte geben Sie uns einige Sekunden“, ersucht er die Zuhörer, als er zum wiederholten Mal sichtlich von der zickigen Technik aus dem Konzept gebracht wird. Asam drückt wie wild und kann Ploss schließlich beruhigen: „Nein, keine Fragen mehr!“

Mayrhuber, der sich lange tapfer gehalten hat, kommt schließlich auch noch ins Trudeln: Als er das Mikrofon endlich an hat, ist er dermaßen irritiert, dass er die Namen der nächsten Redner erst nach mehreren Versprechern sortiert bekommt.

Aber vielleicht liegt das neben der Technik auch an den Rednern: Je länger die Hauptversammlung dauert, desto kruder werden die Redebeiträge. Kleiner Ausschnitt gefällig? „Sagen Sie, Herr Ploss – äh – heißen Sie eigentlich Dr. Ploss? Sie haben ja schon eine gewisse Ähnlichkeit mit Herrn Schumacher“, sorgt ein Kleinaktionär in seiner stockend vorgetragenen Rede sowohl für Kopfschütteln wie auch für Gelächter. Ein Vergleich, den Ploss – etwaige Ähnlichkeit hin oder her – sicher nicht gern hören wird: Dem einstigen Vorstandschef Ulrich Schumacher musste Infineon nach einer jahrelangen Schlammschlacht ein millionenschweres Ruhegehalt zahlen.

Mayrhuber jedenfalls nimmt die Sache mit dem Aussehen mit Humor: Als ihn ein Kleinaktionär auf sein Foto im Geschäftsbericht anspricht, das ihn deutlich jünger erscheinen lässt als in echt, kontert er schlagfertig: Der Alterungsprozess, den er beim Blick auf das Foto erkenne, erschrecke auch ihn, witzelt er unter dem Gelächter der Anwesenden. „Doch, da kann ich Sie beruhigen, an meiner Arbeit bei Infineon liegt das nicht.“ Punkt, Satz, Sieg – wenn schon nicht technisch, so wenigstens rhetorisch. Da soll noch einmal einer sagen, dass Hauptversammlungen kein Unterhaltungspotenzial böten!

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Alle Kommentare »
    • Werter dsar, die Scheiben sind mit 300mm um 100 mm größer als die bisherigen 200 mm Wafer, so steht das da oben und so ist es auch korrekt!

    • Die Wafer oder Scheiben sind 300 mm groß, nicht 100 wie im Artikel geschrieben

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The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

Global Markets Head Lower

Global stock markets headed lower at the end of a turbulent month that was dominated by concerns over China and the timing of the U.S. Federal Reserve’s future interest rate rise.

Meet the Private Watchdogs Policing Finance

The use of outside monitors to police financial institutions that have misbehaved has exploded in recent years, sometimes generating friction.

Iran Deal Could Open Door to Gulf Businesses

While executives in the Gulf see opportunities, the region’s governments remain at loggerheads on other issues.

Fed Appears to Hold Line on Rate Plan

Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

U.A.E. Takes Lead in Southern Yemen

U.A.E. forces prevented Houthi rebels in Yemen from overrunning the Yemeni port city of Aden and now also reluctantly find themselves in the business of nation-building.

Eurozone Inflation Stays Low

Eurozone consumer prices were barely higher than a year earlier in August, a development likely to fuel speculation that the ECB will have to expand its recently launched bond-buying program.

Islamic State Blows Up Temple of Bel in Syria’s Palmyra

Islamic State has partially destroyed Palmyra’s 2,000-year-old Temple of Bel in a massive explosion, activists and a monitoring group said.

Apple’s Ad Blockers Rile Publishers

Apple’s move to make it easier to block ads on iPhones and iPads is troubling publishers and heightening tensions with its Silicon Valley neighbors like Google.

Personal Tech

Google OnHub Review: The Wi-Fi Router Gets a Brain

The search giant enters the home networking category, and makes your old router look stupid.

Iliad Lifted by New Mobile Clients

Iliad said net profit rose 16% in the first half as the French low-cost telecom company continued to win over new mobile clients with its ultracheap tariff plans.

Alibaba Targets Rural China for E-Commerce Growth

China e-commerce titans Alibaba and JD.com, facing a slowdown in the growth of their core urban customers, are battling to crack a new frontier: the sprawling countryside with some 600 million potential shoppers.

Hip-hop producer Irv “Gotti” Lorenzo, center, in 2007.

Hip-hop producer Irv “Gotti” Lorenzo, center, in 2007.

The Only Bank This Hip-Hop Mogul Will Use

Low-profile Signature Bank has become one of the nation’s fastest-growing lenders, attracting a fan base ranging from hip-hop mogul Irv “Gotti” Lorenzo to former Congressman Barney Frank.

BNY Mellon’s Pricing Problems Persist

Executives at Bank of New York Mellon Corp. are racing against the clock to make it through a backlog of pricing issues before the markets open Monday morning.

Lawyer’s Offstage Acts Threaten Record Pact

When federal agents showed up at Keila Ravelo’s home three days before Christmas, they kicked off a chain of events that could send her to prison and scuttle the biggest antitrust settlement in U.S. history.

Ageas to Sell Hong Kong Life Insurance Business

Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for €1.23 billion.

Eni Reports Huge Natural-Gas Discovery off Egypt

Eni SpA said it made a massive natural-gas discovery off the coast of Egypt in what the Italian oil-and-gas company is calling the largest ever find in the Mediterranean Sea.

Suppliers Feel Pain as Coal Miners Struggle

As big coal miners struggle, their equipment suppliers—thousands of businesses sprinkled throughout Pennsylvania, West Virginia, Ohio and Kentucky—are scrambling to find new customers anywhere they can. 86

China Slowdown to Hit Asia Electronics Supply Chain

After several years of torrid expansion, the slowdown in smartphone sales in China is expected to hit Asian parts suppliers.

U.K. Approves Giant North Sea Gas Project

A.P. Møller-Maersk A/S said it has received approval to develop the $4.5 billion Culzean gas field, the largest new find in the U.K. North Sea for a decade.

Canadian Oil Sands Halts Crude Production at Syncrude

Canadian Oil Sands Ltd.has halted production at its Syncrude project in northern Alberta after a fire damaged equipment at its synthetic crude oil processing facility.

Biden Faces Narrow Path

As Vice President Joe Biden weighs a presidential bid, he must confront a number of fundamental questions. Among them: Does he have a viable path through an electoral map that is becoming more treacherous? 244

EU Ministers Push for Action on Migrant Crisis

Germany, France and the U.K. pushed for a faster response in dealing with a migration crisis, as Hungarian police detained a fifth person in connection with the deaths of 71 migrants found in a truck in Austria.

France to Finance Tax Cuts With Cost Savings

The French government says it can find $2.2 billion worth of savings in 2016 to pay for tax cuts for households without sacrificing France’s commitment to reduce the budget deficit.

Climate Change Builds as 2016 Issue

President Barack Obama’s trip to Alaska’s Arctic on Monday will likely reverberate much farther south, on the 2016 presidential campaign trail, where global warming is expected to emerge as a key issue. 261

In Japan, Foreigners Fill Workforce Gaps

Non-Japanese are taking a bigger role in powering Japan’s economy, as a labor shortage impels the nation to overcome its longstanding resistance to foreign workers.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09