Risk and Opportunity Management at Qimonda

Beyond the scope of legal requirements relating to corporate governance as stated in the German Law relating to transparency  "KonTraG” (Gesetz über Kontrolle und Transparenz im Unternehmen),  the main objectives of risk and opportunity management at Qimonda are to enhance the value of the company by:

• Pursuing an opportunity oriented decision-making strategy considering the respective risks 
• Identifying and measuring threats to our technological capability, earning capacity and assets as well as to our reputation and stakeholder confidence, 
• Focusing management action on priority areas and managing exposures to an acceptable level at minimum cost.

The overall objective is not to avoid risks but to enhance the ability to manage them proactively and to take advantage of opportunities as they present themselves. To this end we employ an early warning system (patent pending) and quantitative risk analysis tools which are applied in a number of our important business processes.

The risk management process – including the identification, analysis, handling and controlling of risks and opportunities -  represents an important aspect for our success in the competitive global environment. From an organisational perspective we have coupled the Risk Management function with our Internal Audit department, our Business continuity Department (including Environmental, Health and Safety topics as well as Security, Crisis Management, Security and Information security) as well as the Compliance function (including Export Control). The coupling of these functions and the associated resources guarantee  that Risk Management is a resilient and important process at Qimonda, supporting good Corporate Governance as well as the success of our Company.



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