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Prolonged weak demand in major target markets leads to a lowering of the forecast for the fiscal year.
May 10, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Infineon Technologies AG is reporting results for the second quarter of the 2024 fiscal year (period ended March 31, 2024). Infineon’s Q2 FY 2024 revenue was €3.632 billion, with the segment result of €707 million and segment result margin of 19.5%. “In the prevailing difficult market environment, Infineon delivered a solid second quarter,” said Jochen Hanebeck, CEO of Infineon. “Many end markets have remained weak due to economic conditions, while customers and distributors have con...
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