| Thread Tools |
5th May 2023, 06:59 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,750
| Infineon doing better than expected There is gold in solar power German chipmaker Infineon raised its full-year guidance after noticing that there was strong demand from the electromobility, renewable energy generation and energy infrastructure sectors. Chief Executive Jochen Hanebeck said that although an improvement in consumer goods markets such as smartphones, PCs and home appliances is not yet visible, he was confident overall about Infineon's future business performance. The statement will embarrass many big tech companies who appear to be suffering from many “headwinds” and other nautical cliches. Infineon now sees full-year revenues of $17.96 billion-plus or minus 300 million - compared with its previous forecast for 15.5 billion and with analyst consensus for 16.1 billion. The group, whose chips are used in cars and data centres, had in February already lifted its full-year forecast on strong demand from carmakers, which are restocking inventories following a global chip glut, leading to higher prices. https://fudzilla.com/news/56829-infi...-than-expected |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Infineon doing better than expected | Stefan Mileschin | WebNews | 0 | 2nd August 2019 11:57 |
Infineon does well | Stefan Mileschin | WebNews | 0 | 30th November 2015 11:08 |
Infineon cheers up a bit | Stefan Mileschin | WebNews | 0 | 3rd May 2013 08:05 |
Infineon in trouble | Stefan Mileschin | WebNews | 0 | 27th June 2012 11:16 |
Infineon Gets Out of DRAM Business | jmke | WebNews | 0 | 2nd April 2006 21:53 |
Infineon dumps Memory Biz | jmke | WebNews | 0 | 19th February 2006 17:42 |
Infineon and Rambus Settle Legal Dispute: Infineon Agrees to Pay Royalties | jmke | WebNews | 0 | 22nd March 2005 12:54 |
Infineon falls after Q1 warning | Sidney | WebNews | 0 | 15th January 2005 17:53 |
infineon or winbond BH5 | 187(V)URD@ | General Madness - System Building Advice | 2 | 22nd September 2004 14:30 |
Infineon Does Infinitely Better | Sidney | WebNews | 0 | 21st July 2004 23:18 |
Thread Tools | |
| |