##### 



Exhibit 1.1
  Articles of Association
of
Infineon Technologies AG
 I. General Provisions
 Company Name, Registered Place of Business, Fiscal Year, Announcements
 (1)
    
    The business name of the company is Infineon Technologies AG.(2)
    
    The companys registered place of business is Munich.(3)
    
    The fiscal year runs from October 1 of each year until September 30 of the following year.(4)
    
    Company announcements are made in the electronic version of the German Federal Gazette
(elektronischer Bundesanzeiger), unless mandatory statutory provisions require them to be made
in the printed version of the German Federal Gazette or in other media.
 Object of the Enterprise
 (1)
    
    The object of the enterprise is direct or indirect activity in the area of research,
development, manufacture and marketing of electronic components, electronic systems and
software, as well as the performance of services related thereto.(2)
    
    The company is entitled to perform all acts and take all steps which appear likely to
directly or indirectly promote the achievement of the companys aims.(3)
    
    The company may establish subsidiaries and branches in Germany and abroad, and can
participate in other enterprises. The company can buy or sell enterprises, combine them under
single management and conclude enterprise agreements with them or restrict itself to managing
the participation. It is entitled to spin off its operations  as a whole or in part  into
affiliated enterprises.
 Interests of Shareholders, Place of Jurisdiction
 (1)
    
    Every shareholder, by virtue of his or her involvement in the company, has a duty to show due
regard for fellow shareholders interests, also in the event of any legal dispute with the
company.




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-2-  (2)
    
    All disputes with the company or its bodies that arise in connection with the involvement
with the company are subject exclusively to German jurisdiction, unless this provision is
countermanded by mandatory statutory provisions, especially provisions governing
jurisdictions, that apply in Germany; a shareholder agrees to this provision by purchasing or
subscribing for shares. Clause 1 also applies in respect of disputes between the shareholder
and the company resulting from acquisition, holding or surrender of the shareholders
investment.
 II. Share Capital and Shares
 Amount and Division of the Share Capital
 (1)
    
    The share capital of the company is EUR 1,495,218,588 (in words: one billion four hundred
ninety five million two hundred eighteen thousand five hundred eighty-eight Euro). It is
divided into 747,609,294 no par value shares registered in the names of the holders. In order
to be entered in the companys share register, shareholders must inform the company of the
number of shares held by them and their electronic mail address, if any, as well as, in the
case of individuals, their name, address and date of birth or, in the case of legal entities,
their company name, business address and registered offices.(2)
    
    The management board is authorized to increase, with the consent of the supervisory board,
the ordinary share capital in the period through January 21, 2007 by a total of up to EUR
296,641,490 by issuing, in one or more tranches, new registered no par value shares that have
dividend rights from the start of the fiscal year of their issue against contributions in cash
or in kind (Authorized Share Capital I/2002).Shareholders are to be granted preemptive rights in the case of capital increases for cash.
The management board is authorized to exclude, with the consent of the supervisory board, the
preemptive rights of shareholders,
 a)
    
    in order to exclude any fractional amounts from the preemptive rights of
shareholders,b)
    
    to the extent necessary to grant holders of bonds with warrants or convertible
bonds issued by the Company or its subordinate group companies a subscription right to
new shares to the extent they would be entitled after exercising option or conversion
rights or satisfying conversion obligations,c)
    
    if the new shares are issued after January 20, 2004, the issue value of the new
shares is not significantly lower than the stock market price and the shares issued
subject to the exclusion of preemptive rights of shareholders pursuant to Section 186
Paragraph 3 Clause 4 of the German Stock Corporation Act (AktG), do not in total exceed
10 % of the ordinary share capital either at the time this authorization comes into
effect or at the time this authorization is exercised. Shares that have been or are to be
issued to service bonds with warrants or convertible bonds are to be included in this
number provided that such bonds were issued subject to the exclusion of preemptive rights
of shareholders in analogous application of Section 186 Paragraph 3 Clause 4 of the
German Stock Corporation Act (AktG) after January 20, 2004. The management board is,
moreover, authorized to exclude, with the consent of the supervisory board, the
preemptive rights of shareholders in the event of capital increases against contributions
in




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-3-  kind. The management board is also authorized to define, with the consent of the
supervisory board, the further content of the rights conveyed by the shares and the terms
and conditions of the share issue.
 (3)
    
    The management board is authorized to increase, with the consent of the supervisory board,
the ordinary share capital in the period through January 19, 2009 by a total of up to EUR
30,000,000 by issuing, in one or more tranches, new shares against contributions in cash for
the purpose of issuing shares to employees of the company or of its group companies
(Authorized Share Capital II/2004). The preemptive rights of shareholders are excluded in
respect of this provision. The management board is authorized to define, with the consent of
the supervisory board, the further rights conveyed by the shares and the terms and conditions
of the share issue.(4)
    
    The management board shall specify the form and the content of share certificates and any
eventual dividend coupons and renewal coupons with the consent of the supervisory board.(5)
    
    A claim of the shareholders for the certification of their shares and their dividend rights
is excluded to the extent permissible by law, unless a certification is required by the rules
of an exchange on which the shares are listed. The company is entitled to issue share
certificates which represent no par value shares (single share certificates) or several shares
(collective shares).(6)
    
    The share capital is conditionally increased up to a nominal amount of EUR 95,901,130. The
conditional capital increase shall be implemented exclusively by the issue of up to 47,950,565
new shares registered in the name of the holders with entitlement to profits as of the
beginning of the fiscal year of their issue and only to the extent to which holders of
preemptive rights granted under the stock option plan of Infineon Technologies AG for 1999, in
accordance with the authorization issued on October 18, 1999 and amended on February 16, 2000,
or the Infineon Technologies AG 2001 International Long Term Incentive Plan, in accordance
with the authorization of April 6, 2001, exercise their preemptive rights (Conditional
Capital I).(7)
    
    The share capital is conditionally increased by up to EUR 50,000,000 through the issue of up
to 25,000,000 new shares. This conditional capital increase is implemented only to the extent
that
 a)
    
    the holders or creditors of conversion rights or subscription warrants which are
attached to the convertible bonds or bonds with warrants to be issued by the company or
its direct or indirect majority holding companies by November 30, 2004, exercise their
conversion or option rights, or thatb)
    
    the holders or creditors of the convertible bonds to be issued by November 30, 2004
by the company or its direct or indirect majority holding companies, who are obliged to
convert their convertible bonds, meet this obligation. The new shares provide for the
entitlement to profits as of the beginning of the fiscal year as of which they are
created as a result of the exercise of conversion or option rights or of the fulfillment
of obligations to convert convertible bonds (Conditional Capital II)
 (8)
    
    The share capital is conditionally increased up to a nominal amount of EUR 29,000,000. The
conditional capital increase will be carried out by the issue of up to 14,500,000.00 new named
shares with profit participation from the beginning of the business year in which




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-4-  they are issued, although only to the extent that the holders of subscription rights granted
under the Infineon Technologies AG 2001 International Long Term Incentive Plan on the basis
of the authorization issued on 6th April 2001, or the holders of subscription rights granted
under the Infineon Technologies AG Share Option Plan 2006 on the basis of the authorization
issued on 16th February 2006, exercise their subscription rights (Conditional Capital III).(9)
    
    The ordinary share capital is conditionally increased by up to EUR 350,000,000 by the issue
of up to 175,000,000 new registered no par value shares that have dividend rights from the
start of the fiscal year of their issue (Conditional Share Capital II/2002). The purpose of
the conditional capital increase is to ensure that shares can be issued to the holders of
bonds with warrants or convertible bonds that are or have been issued through January 21, 2007
by the Company or a subordinate group company in accordance with the authorizations of the
Annual General Meetings of January 22, 2002 and of January 20, 2004 and to the holders of the
convertible bonds issued in February 2002 by Infineon Technologies Holding B.V., Netherlands,
and guaranteed by the Company. The conditional increase is to be implemented only to the
extent that warrants or conversion rights from the bonds are exercised and conversion
obligations from such bonds are satisfied. With respect to the conversion of bonds issued
against contributions in kind the Conditional Share Capital II/2002 can only be used to ensure
the availability of shares representing a notional portion of the share capital of up to EUR
144,000,000. The management board is authorized to define the further conditions of the
implementation of the conditional capital increase.(10)
    
    The company capital is increased by up to a nominal 24,500,000. The conditional capital
increase will be carried out by the issue of up to 12,250,000 new individual named shares with
profit participation from the beginning of the business year in which they are issued,
although only to the extent that the holders of subscription rights granted under the
Infineon Technologies AG Share Option Plan 2006 on the basis of the authorization issued on
16th February 2006, exercise their subscription rights (Conditional Capital IV/2006).
 III. The Management Board
 Composition and Rules of Procedure
 (1)
    
    The management board consists of at least two persons. The supervisory board shall determine
their number. The supervisory board appoints the members of the management board. It can
appoint a chairman and a deputy chairman of the management board.(2)
    
    The company is legally represented by two members of the management board or by one member of
the management board and one procurist. Deputy members of the management board are equal to
ordinary members in this respect.Otherwise, the company is represented by procurists or other authorized signatories subject to
further specification by the management board.(3)
    
    The management board shall pass rules of procedure for itself by unanimous resolution of all
members of the management board; these rules of procedure require the consent of the
supervisory board.




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-5-  
 IV. Supervisory Board
 Composition, Term of Office, Resignation from Office
 (1)
    
    The supervisory board consists of sixteen members, of whom eight members are elected by the
shareholders and of whom eight members are elected by the employees. The election of the
supervisory board members is for a period not exceeding the end of the general meeting of the
shareholders which decides on the formal approval of conduct for the fourth fiscal year after
the beginning of the term of office. The fiscal year in which the term of office begins is not
included in this calculation. The general meeting of the shareholders may specify a shorter
term of office for shareholders supervisory board members when they are elected.(2)
    
    Replacement members may be elected for several or all of the shareholders supervisory board
members to take the place of shareholders supervisory board members who have left office
prior to the end of their term or who can no longer take up office because their election was
challenged. This replacement takes effect in the order laid down when the replacement members
were elected. If a replacement member takes the place of a member who has left office, then
the office of the replacement member shall expire at the end of the general meeting of the
shareholders at which a replacement election takes place, but at the latest upon the expiry of
the term of office of the supervisory board member who has left. The election of the
replacement members of the supervisory board elected by the employees is governed by the
provisions of Co-Determination Act.(3)
    
    Each supervisory board member may resign from office with four weeks prior notice, even
without cause, by means of written notification to the chairman of the supervisory board. The
chairman of the supervisory board or, in case the chairman resigns, his deputy, can consent to
this period of notice being shortened.
 Chairman, Deputy Chairman
 (1)
    
    Immediately after the general meeting of the shareholders at which the supervisory board
members to be elected by the general meeting of the shareholders have been newly elected, a
supervisory board meeting shall take place which does not have to be specially convened, at
which the supervisory board elects a chairman and a deputy chairman from its midst for the
duration of the relevant period in office, in accordance with the provisions of the
Co-Determination Act. In addition, the supervisory board elects a second deputy chairman. One
of the deputy chairmen shall take the chairmans place in all cases in which the latter is
prevented from attending, unless otherwise stipulated in these articles of association. In all
cases in which he acts as deputy for the chairman, he has the same rights as the chairman,
with the exception of the second vote to which the chairman is entitled under the terms of the
Co-Determination Act.(2)
    
    If the chairman or his in accordance with § 7 paragraph 1, clause 1 elected deputy chairman
leave office before the end of their term, a new election for the remaining period in office
of the person who has left shall take place without delay.




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-6-  Committees of the Supervisory Board
  Convocation and Passing of the Resolutions
 (1)
    
    The chairman shall convene the meetings of the supervisory board in writing, by facsimile or
electronic mail with a period of notice of at least two weeks. The day on which the notice of
the meeting is sent out and the day of the meeting itself are not included in this period of
notice. In case of urgency, he can shorten the period of notice to three days and can also
convene the meeting orally or by telephone. The provisions in paragraph 1 and 2 of § 110 of
the Stock Corporation Act remain unaffected.(2)
    
    Notice of the meeting must be accompanied by information about the items on the agenda and
the proposed resolutions. If a matter on the agenda was not properly announced, resolutions
may only be passed on it if no member of the supervisory board opposes the passing of the
resolution.(3)
    
    The chairman heads the meetings of the supervisory board. He determines the order in which
the items on the agenda are dealt with, as well as the manner and order of voting.(4)
    
    The supervisory board has a quorum if at least half of its members as required by statute
participate in passing resolutions in person or by written casting of votes.(5)
    
    Resolutions are passed with a simple majority of the votes cast, unless statute otherwise
requires. This also applies to elections. In case of a tie in the voting, the chairman of the
supervisory board has two votes if voting is carried out a second time on the same item and
again results in a tie.(6)
    
    An absent member can have his written vote handed in by another member of the supervisory
board.(7)
    
    It shall be permissible for supervisory board meetings to be held and for resolutions to be
passed in writing, by telephone, facsimile or telex, or with the assistance of other means of
telecommunication, if the chairman of the supervisory board so determines on a case-by-case
basis and no member of the supervisory board objects to this procedure.(8)
    
    Minutes shall be taken of the meetings and resolutions of the supervisory board. They shall
be signed by the chairman and sent to all supervisory board members in copy.(9)
    
    The chairman shall act for the supervisory board if declarations to the implementation of
resolutions must be given or received. The documents and announcements of the supervisory
board shall be signed by the chairman.




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-7-  Duties and Powers of the Supervisory Board
 (1)
    
    The supervisory board shall appoint the management board and shall supervise its management
activities.(2)
    
    The management board shall permanently report to the supervisory board to the extent
specified by statute. In addition, the supervisory board can require reports about all matters
of the company, about its legal and business relations with affiliated companies and about
business transactions at these enterprises which may be of material importance for the
situation of the company.(3)
    
    The supervisory board shall establish rules of procedure for itself.(4)
    
    The supervisory board is entitled to alter the articles of association if such alterations
only relate to its wording.(5)
    
    The members of the supervisory board must maintain silence about confidential information and
secrets of the company, namely trade or business secrets, which become known to the
supervisory board members through their membership in the supervisory board. If a member of
the supervisory board intends to disclose to a third party, confidential information and
secrets, in particular information about the contents and course of supervisory board meetings
as well as about the contents of submissions to and resolutions of the supervisory board, he
must first inform the chairman of the supervisory board in order to resolve any differences in
opinion relative to any duty of confidence.
 Remuneration
 (1)
    
    Each member of the supervisory board shall receive a fixed remuneration payable at the end of
the companys fiscal year in the amount of EUR 25,000 per full fiscal year. Supervisory board
members who during the current fiscal year join or leave the supervisory board shall receive a
corresponding pro rata portion of this remuneration. The chairman of the supervisory board
shall receive two times that amount and each deputy chairman and each other member of any
committee of the supervisory board, with the exception of the members of committees of the
supervisory board which have to be created due to statutory provisions, shall receive one and
a half time this amount. In addition, each member of the supervisory board shall receive 1,500
appreciation rights (Wertsteigerungsrechte) per year to be granted and exercised under the
same conditions as the stock option plan provides, which has been approved by the general
meeting of the shareholders applicable in the year of the granting of the appreciation rights.
Such appreciation rights do not entitle to subscribe to shares but only to receive
compensation in cash.(2)
    
    The company shall reimburse the members of the supervisory board for their cash expenses and
the value added tax on their remuneration, if they can and do invoice these separately.




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-8-  V. General Meeting of the Shareholders
 Ordinary General Meeting of the Shareholders
  (a)
    
    the submission of the annual financial statements with the managements discussion and
analysis (of financial condition and results of operations) of the management board and the
report of the supervisory board;(b)
    
    the passing of a resolution on the appropriation of the balance sheet profit;(c)
    
    the formal approval of conduct of the management board and the supervisory board;(d)
    
    the election of the auditor.
 Place and Convocation
 (1)
    
    The general meeting of the shareholders shall be convened by the management board or the
supervisory board. It shall take place at the companys registered place of business in a
German city with a stock exchange. As far as legally permissible, the general meeting of the
shareholders may also take place at other places where a stock exchange on which the companys
shares are admitted for trading is located.(2)
    
    The convocation must be announced at least thirty days before the end of the day by which the
shareholders must give notification of attendance. The day on which the convocation of the
meeting is announced and the day by which the shareholders must give notification of
attendance for the meeting shall not be included in the calculation of the required period.
 Conditions for Participation and the Exercise of Voting Rights




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-9-  Direction and Course
 (1)
    
    The chairman of the supervisory board shall preside over the general meeting of the
shareholders. If he is unable to attend, this function shall be assumed by a member of the
supervisory board named by him. If no such member has been named by him, this function shall
be assumed by the member chosen by the shareholders supervisory board members in accordance
with paragraph 3 of § 27 of the Co-Determination Act. If none of these has appeared at this
meeting or is willing to chair the meeting, the shareholders supervisory board members who
are present shall elect a person as chairman of the meeting.(2)
    
    The chairman of the meeting shall regulate the course of the general meeting of the
shareholders. He can make use of assistants for this, in particular in the exercise of the
right to supervise internal meetings. He determines the order in which speakers take the floor
and can order a restriction of the speaking time, or the end of the debate on individual items
on the agenda, if this is necessary for the proper conduct of the general meeting of the
shareholders.(3)
    
    The chairman of the meeting determines the order of items to be discussed and of the voting,
as well as the voting procedure. He can stipulate that several votes may be collected together
when voting cards or other data carriers are used.(4)
    
    Shareholders who do not wish to participate in the voting must notify the chairman of the
meeting thereof before the start of the voting, in the form specified by the chairman; in
order to calculate the results of voting, only the votes against and the abstentions will be
counted; votes of shareholders present or represented who have neither declared their
non-participation in the voting, nor have voted with no nor have abstained, will be counted
as a yes.(5)
    
    The chairman of the meeting can change the voting procedures laid out in (3) and (4) and can
also order other procedures, especially by allowing votes through ,,calling out or through a
show of hands.(6)
    
    If previously announced in the convocation of the general meeting, the chairman of the
meeting may permit live transmission of the general meeting, attendance at the general
meeting, and participation in the voting process at the general meeting by the use of
electronic means, if this is legally permissible.(7)
    
    Notarially acknowledged minutes of the general meeting shall be kept. The minutes shall be
conclusive for the shareholders among themselves and in relation to their proxies.
 Voting Right
 (1)
    
    Each share carries one vote.(2)
    
    Votes may be cast by proxy. If neither a bank nor a shareholders association is named as a
proxy, authority to attend and vote by proxy must be submitted in writing or transferred by
electronic means in a way to be determined by the company. Details regarding the appointment
of proxies are published together with the convocation of the general meeting in the relevant
publications specified in the Articles of Association.




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-10-  Passing Resolutions
 (1)
    
    Resolutions shall be passed with a simple majority of the votes cast and, in so far as a
capital majority is necessary, with a simple majority of the represented share capital, unless
a higher majority is required by compulsory statutory provisions or by these articles of
association.(2)
    
    At elections, the proposition which attracts the most votes is considered as having been
approved, with the exception of supplementary elections to the supervisory board as specified
in paragraph 2, sentence 3 of § 6; In case of a tie in the voting, the lot drawn by the
chairman of the meeting shall decide.
 VI. Annual Financial Statements and Appropriation of Profits
 Annual Financial Statements
 (1)
    
    In the first three months of the fiscal year, the management board shall prepare the annual
financial statements and managements discussion and analysis for the fiscal year just ended
and promptly submit them to the supervisory board together with a proposal for the
appropriation of the balance sheet profit. The supervisory board shall examine the annual
financial statements, managements discussion and analysis, and the proposal for the
appropriation of the balance sheet profit in consultation with the companys independent
auditors.(2)
    
    If the company is legally required to prepare consolidated financial statements, the
management board shall, within the first five months of the fiscal year, prepare consolidated
financial statements and managements discussion and analysis of consolidated financial
condition and results of operations for the fiscal year just ended. Such consolidated
financial statements and any exempting consolidated financial statements prepared pursuant to
§ 291 and § 292 a of the German Commercial Code (HGB) shall be promptly submitted to the
supervisory board.
 Appropriation of Profits
 (1)
    
    The general meeting of the shareholders shall resolve the appropriation of the balance sheet
profit.(2)
    
    The shareholders shares in the profits are determined in proportion to their shares of the
share capital.(3)
    
    In case of an increase in the share capital, the participation of the new shares in the
profits can be determined in divergence from paragraph 2 of § 60 of the Stock Corporation Act.




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-11-  Determination of Contributions in Kind
 (1)
    
    The incorporator , Siemens AG, with registered places of business in Munich and Berlin,
contributes to the company, with economic effect on April 1, 1999, 0.00 a.m. as a contribution
in kind, all of the assets which exclusively belong to its semiconductor division, in
particular:
 a)
    
    its unincorporated division internally referred to as Halbleiter, including all
assets and liabilities pertaining thereto;b)
    
    all of its shares in the German and foreign companies listed below and belonging to
the semiconductor division, in each case including the profit or loss for the current
fiscal year:
 
    
    interests in the nominal value of DM 240,000,000 in Siemens Microelectronics Center
GmbH & Co. OHG, Dresden, registered in the commercial register of Dresden Local Court
under HRA 1769,
    
    shares in the nominal value of DM 50,000 in Siemens Microelectronics Center
Verwaltungsgesellschaft mbH, Dresden, registered in the commercial register of Dresden
Local Court under HRA 9982,
    
    interests in the nominal value of DM 55,300,000 in EUPEC Europäische Gesellschaft
für Leistungshalbleiter mbH & Co., KG, Warstein-Belecke, registered in the commercial
register of Warstein Local Court under HRA 346,
    
    shares in the nominal value of DM 60,000 in EUPEC Europäische
Verwaltungsgesellschaft für Leistungshalbleiter mbH & Co., KG, Warstein-Belecke,
registered in the commercial register of Warstein Local Court under HRA 273,
    
    interests in the nominal value of DM 4,279,068 in Osram Opto Semiconductors GmbH &
Co OHG, Regensburg, registered in the commercial register of Regensburg Local Court under
HRA 6036,
    
    shares in the nominal value of DM 24,500 in Osram Unternehmensverwaltung
Gesellschaft mit beschränkter Haftung , Munich, registered in the commercial register of
Munich Local Court under HRA 123984,
    
    interests in the nominal value of DM 100,000 in Siemens Halbleiter GmbH & Co. OHG,
Munich, registered in the commercial register of Munich Local Court under HRA 73932,
    
    shares in the nominal value of DM 50,000 in Siemens Halbleiter
Verwaltungsgesellschaft mbH, Munich, registered in the commercial register of Munich
Local Court under HRB 118186,
    
    interests in the nominal value of DM 15,030,000 in Semiconductor 300 GmbH & Co. KG,
Dresden, registered in the commercial register of Dresden Local Court under HRA 3104,
    
    shares in the nominal value of DM 25,100 in Semiconductor 300
Verwaltungsgesellschaft mbH, Dresden, registered in the commercial register of Dresden
Local Court under HRB 15763,
    
    interests in the nominal value of DM 2,000,000 in Epos GmbH & Co. KG, Duisburg,
registered in the commercial register of Duisburg Local Court under HRB 6429,
    
    shares in the nominal value of DM 25,000 in Epos Verwaltungsgesellschaft mbH,
Duisburg, registered in the commercial register of Duisburg Local Court under HRB 7688,
    
    shares in the nominal value of DM 125,000 in Freiberger Compound Material GmbH,
Freiberg/Sachsen, registered in the commercial register of Chemnitz Local Court under HRB
11609,




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-12-  
    
    shares (721,500,000 no par value shares) in the nominal value of TWD 7,215,000,000
in ProMos Technologies, Inc., Hsin-Chu, Taiwan.
 Profits from earlier fiscal years (that is, profits carried forward or profits of earlier
fiscal years on the allocation of which no resolution has been passed) also belong exclusively
to the company. The incorporator, Siemens AG, guarantees in relation to the contributions in
kind listed above and to be contributed, that the value of the assets of the contributors in
kind exceeds the liabilities relating to the contributions in kind by EUR 161,825,088 and
receives in consideration of its contributions in kind a total of 80,912,544 no par value
shares, with an aggregate nominal value of EUR 161,825,088.(2)
    
    The incorporator Siemens Netherlands N.V., with its registered place of business in the
Hague, contributes to the company, with economic effect on April 1, 1999, 0.00 a.m. all of its
shares in the aggregate nominal value of EUR 1,000,000 in Infineon Technologies Holding B.V.,
the Hague, as a contribution in kind, with the rights to participate in profit as from the
incorporation of such company. The incorporator Siemens Netherlands N.V. guarantees, for this
contribution in kind, a value of EUR 238,174,912 and receives in consideration of its
contributions in kind a total of 119,087,456 no par value shares, with an aggregate nominal
value of EUR 238,174,912.
 Costs of Formation