Flexible Electronics News

Infineon Expects Stronger Results for 2Q, Full 2023 Fiscal Year

This is primarily based on resilient business dynamics in its core automotive and industrial segments.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Infineon Technologies AG is updating its expectations for revenues and segment result margin for the running second quarter as well as for the full 2023 fiscal year. This is primarily based on resilient business dynamics in its core automotive and industrial segments. In the second quarter of the 2023 fiscal year, Infineon now expects revenue to come in above €4 billion, compared to its original anticipation of around €3.9 billion. With the increase in revenues, positive price and mix effects...

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