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(Reuters) - Shares in Infineon rose 11% after the German chipmaker slightly upgraded its full-year revenue outlook and reported quarterly results and guidance above expectations.
BERLIN (Reuters) -German chip manufacturer Infineon announced a cost savings programme on Tuesday as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand. The ...
BERLIN (Reuters) -Infineon will cut 1,400 jobs and relocate 1,400 more, its CEO said on Monday, after third-quarter revenue missed expectations, prompting the German chipmaker to downgrade its ...
Infineon Technologies AG is Germany's largest semiconductor manufacturer. The company was spun-off from Siemens AG in 1999. [4] Infineon has about 58,600 employees in 2023 and is one of the ten largest semiconductor manufacturers worldwide. [3] [5] In 2023 the company achieved sales of €16.309 billion. [3] [6]
In July 2016, Infineon Technologies agreed to acquire the company's Wolfspeed RF and power electronics devices unit for $850 million. However, the deal was terminated in February 2017 due to regulators’ national security concerns. [11] In March 2018, the company acquired the RF Power Business Infineon Technologies AG's for €345 million. [12]
Herlitschka joined Infineon Austria Technologies AG in 2011 as a Member of the Management Board, followed by the position as chief technology officer (CTO) in 2012, and finally its chief executive officer (CEO) in April 2014. [1] [2] She is a member of the Austrian Council for Research and Technology Development and of the Styrian Research Council.
Stellantis N.V. (NYSE:STLA) shares are trading higher on Thursday. The company partnered with Infineon Technologies AG (OTC:IFNNY) to develop the power architecture for its electric vehicles ...
The TecDAX stock index tracks the performance of the 30 largest German companies from the technology sector. In terms of order book turnover and market capitalization the companies rank below those included in the DAX.