The Business Times

Infineon

Companies & Markets

Infineon more positive on revenue outlook after Q1 stronger than expected

“Currently, there is hardly any growth momentum in our end markets except from AI, the cyclical recovery is being delayed,” chief executive officer Jochen Hanebeck said.
Telcos, Media & Tech

Infineon forecasts sales decline on sluggish car chip demand

The new tech can improve device performance, reduce overall costs and ensure steady supplies for customers.
Telcos, Media & Tech

Infineon advance to lower costs for new-generation AI chips

ESIA said chip policy under the incoming EU Commission should feature fewer export restrictions, focus on areas where European companies already had advantages, and that aid should be awarded more quickly.
Telcos, Media & Tech

Semiconductor body calls for EU ‘Chips Envoy’, more support

While the settlement will weigh on earnings and cash flow from discontinued operations, it will not restrict Infineon’s ongoing business and the group has enough funds for dividends and investments.
Telcos, Media & Tech

Infineon to pay more than expected in Qimonda settlement

The new plant will focus on making power semiconductors that can help with decarbonisation in automotive, industrial and data centre fields.
International

Malaysia boasts of chip clout as Infineon opens 7 billion euro site

Infineon reported revenue of 3.7 billion euros for the April-to-June period, falling short of the 3.8-billion-euro forecast in a company-provided consensus and down 9 per cent on the year.
Companies & Markets

Infineon adjusts revenue outlook after missing quarterly forecast

Infineon CEO Jochen Hanebeck said that many end markets were developing weakly due to the economic situation, and customers and distributors continue to reduce semiconductor inventory levels.
Telcos, Media & Tech

Infineon launches savings programme as weak demand persists

Infineon says its overall segment result margin is expected to be about 18 per cent, missing analysts’ estimates for 23.1 per cent.
Telcos, Media & Tech

Infineon lowers guidance amid broader slump in chip demand

FILE PHOTO: Infineon Technologies AG logo is seen during German Economy Minister Robert Habeck and Foreign Minister Annalena Baerbock's visit, in Dresden, Germany July 13, 2023. REUTERS/Annegret Hilse/File Photo
Companies & Markets

Infineon reports better-than-expected 2023 revenue on semiconductor demand

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