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Further improvement expected in Q4 FY 2024, with full-year forecast well within the previously guided range.
August 6, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Infineon Technologies AG is reporting results for the third quarter of its 2024 fiscal year (period ended June 30, 2024). “In a market environment that remains challenging, Infineon continues to hold up well,” says Jochen Hanebeck, CEO of Infineon. “The recovery in our target markets is progressing only slowly. Prolonged weak economic momentum has resulted in inventory levels in many areas overlaying end demand. In addition to managing the current demand cycle, we are workin...
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