Circular Economy, a Path to a Sustainable Ecosystem: Infineon's Security Solutions Support the Industry, the Consumer, and the Environment Alike
27 September 2023 - 2:27PM
Business Wire
Global resources are becoming increasingly scarce and
responsible use of them is crucial. With over 57.4 million tons of
electronic waste produced annually (2021) at a net worth of nearly
$60 billion1, e-waste constitutes one of the largest waste streams.
A circular economy helps tackling these challenges by extending the
lifecycle of products, keeping resources circulating in the value
chain for as long as possible and saving resources and energy.
Providing reliable spare parts for electronic devices plays a major
role in this concept. Authentication solutions like Infineon
Technologies AG’s (FSE: IFX / OTCQX: IFNNY) OPTIGA™ Authenticate
product family support the verification of spare parts as well as
original products and contribute to a trustworthy, sustainable
economic approach.
A circular approach to electronic products is defined by the 6R
concept: Reduce, reliability, repair, reuse, refurbish and
recycle.
These principles guide Infineon’s waste management for instance
by reusing solvents in the manufacturing process. Infineon's
product design also aims to reduce resource consumption and
hazardous waste and replace critical substances. Infineon also
delivers products to customers that help them innovate and create
more sustainable solutions.
Sustainable and reliable – thanks to OPTIGA™
Authenticate
The Right to Repair regulation, for example, is a central part
of national sustainability programs worldwide. Infineon security
solutions such as the OPTIGA Authenticate family support
manufacturing companies in efficiently, cost-sensitively and
purposefully addressing some of the key challenges of these new
regulations.
"The OPTIGA Authenticate product family allows authentication of
devices, the verification of spare parts and of the genuineness of
original products. This enables product safety for end users and
helps manufacturing companies meet quality and performance
standards for electronic devices,” explains Josef Haid,
Distinguished Engineer Security System Architectures Infineon
Technologies. "Authenticators also create more security and
transparency for consumers, since they can trust the authenticity
and quality of devices and spare parts. Moreover, due to the
increased demand for spare parts, it opens up a new market for the
industry, covers potential warranty claims, and prevents
counterfeiting at the same time."
The OPTIGA Authenticate product family can be used in a wide
range of replaceable components for example within a smartphone
ecosystem such as batteries, displays and camera modules as well as
power adapters, wireless chargers, and headphones. In addition,
OPTIGA Authenticate security solutions can be used in other
electronic devices such as power tools, notebooks, light electric
vehicles, multicopters, VR/AR applications and many more. The
mechanism is very simple: The OPTIGA Authenticate S security chip
is integrated in a product, for example, the battery (client) of an
e-scooter (host). This allows the host and client to communicate
with one another and authenticate themselves, letting the host
verify that the battery is original or that it conforms to certain
standards.
Authentication solutions such as the OPTIGA Authenticate product
family are an easy and cost-efficient way for manufacturers to help
meet legal requirements and protect their brand value from
potential counterfeits. With the OPTIGA Authenticate product
family, Infineon takes another step towards a circular economy,
enabling its customers to build more sustainable solutions.
About Infineon
Infineon Technologies AG is a global semiconductor leader in
power systems and IoT. Infineon drives decarbonization and
digitalization with its products and solutions. The company has
around 56,200 employees worldwide and generated revenue of about
€14.2 billion in the 2022 fiscal year (ending 30 September).
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol:
IFX) and in the USA on the OTCQX International over-the-counter
market (ticker symbol: IFNNY).
Further information is available at www.infineon.com
1 https://pacecircular.org/action-agenda/electronics
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version on businesswire.com: https://www.businesswire.com/news/home/20230926334687/en/
Ulrike Mittereder (Headquarters) Tel.: +49 89 234 43951
Ulrike.mittereder@infineon.com
Chi Kang David Ong (Asia-Pacific) Tel.: +65 6876 3070
david.ong@infineon.com
Steve Li (Greater China) Tel.: +86 10 8712 5839
steve.li2@infineon.com
Yasuyuki Kamiseki (Japan) Tel.: +81 3 4595 7079
yasuyuki.kamiseki@infineon.com
Investor Relations: Tel: +49 89 234 26655
investor.relations@infineon.com
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