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Infineon not vulnerable to takeover: CEO

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Mr Ploss says shareholders should be happy with Infineon's price- earnings ratio of around 27, giving it a market value of 26 billion euros.

Frankfurt

GERMAN chipmaker Infineon does not see itself as vulnerable to a takeover despite mega-mergers in the sector led by Broadcom's US$103 billion offer for Qualcomm, its chief executive told Germany's Boersen-Zeitung.

"Infineon is not a primary...

sentifi.com

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