Infineon Technologies AG

Munich, Germany, August 16, 2023 - With semiconductors based on gallium nitride (GaN), Infineon Technologies AG enables high energy performance with smaller size and less power conversion losses. Chicony Power Technology, a leading manufacturer of power supplies and power electronics, is now deepening its collaboration with Infineon to enhance the performance of its latest adapter series for notebooks. By expanding their collaboration, the companies will offer end customers highly efficient GaN-based power supply solutions that feature smaller sizes with higher power density. ... Read more

The Malaysian Prime Minister and the Chief Minister of the state of Kedah inaugurate the first construction phase together with Infineon management. The new factory strengthens Infineon's position as the world's leading supplier of power semiconductors. The ongoing expansion is supported by a high volume of customer commitments and advance payments. The Kulim fab will be powered by 100% green electricity and utilize advanced energy efficiency and sustainability technologies. ... Read more

Q3 FY 2024: sales of EUR 3.702 billion, segment result of EUR 734 million, segment result margin of 19.8% Outlook Q4 FY 2024: Assuming a EUR/USD exchange rate of 1.10, sales of around EUR 4.0 billion are expected. The segment result margin will be around 20% Outlook for FY 2024: Based on the results of the first three quarters and the outlook for the fourth quarter, sales of around EUR 15.0 billion with a segment result margin of around 20% are expected. The adjusted gross margin is expected to be in the low 40s. Investments of around EUR 2.8 billion are planned. Adjusted for investments in large front-end buildings and the acquisition of GaN Systems, the free cash flow is expected to be around EUR 1.5 billion and the reported free cash flow around EUR -200 million ... Read more