Infineon Technologies AG
Infineon Technologies AG
News
Infineon opens the world's largest and most efficient SiC power semiconductor factory in Malaysia
2024-08-08 | Infineon Technologies AG
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
Slight increase in sales and earnings in Q3 FY2024. Further improvement expected in Q4 FY2024. Outlook for the full year within the previously forecast range
2024-08-06 | Infineon Technologies AG
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