Infineon Technologies AG (IFXGn.DE) Key Developments | Reuters.com
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Infineon Technologies AG (IFXGn.DE)

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Latest Key Developments (Source: Significant Developments)

Infineon says management board member Mittal to leave for family reasons
Wednesday, 18 May 2016 05:47am EDT 

Infineon Technologies AG : Expands management board to four positon from three . Effective from july 1, 2016 jochen hanebeck, currently division president automotive, is appointed as member of the board for the newly introduced operations department . Helmut gassel is appointed as member of the board for strategy development, sales & marketing and regions . Arunjai Mittal, board member for these departments to leave infineon due to family reasons effective september 30, 2016 . Peter schiefer, currently head of operations, will become division president automotive .Peter wawer to become divisionpresident industrial power control.  Full Article

Infineon Technologies comments on FY 2016 outlook
Monday, 2 May 2016 08:00pm EDT 

Infineon Technologies AG:Outlook for FY 2016: In spite of a now assumed exchange rate of US$ 1.15 to the euro, year-on-year revenue growth of around 12 percent (plus or minus 2 percentage points) and Segment Result Margin between 15 and 16 percent at mid-point of the revenue guidance.FY 2016 revenue estimate 6.56 billion euros - Thomson Reuters I/B/E/S.  Full Article

Infineon Technologies gives Q2 2016 outlook; confirms FY 2016 forecast
Tuesday, 2 Feb 2016 01:30am EST 

Infineon Technologies AG:Outlook for Q2 FY 2016: quarter-on-quarter revenue increase of 3 percent (plus or minus 2 percentage points), with segment result margin of 13 percent at mid-point of revenue range.Outlook for FY 2016 confirmed.For FY 2016 expects an unchanged year-on-year revenue growth of around 13 percent (plus or minus 2 percentage points) and a Segment Result Margin of 16 percent at the mid-point of the range for the forecast revenue growth.Q1 2016 reported revenue 1,556 million euros.Q2 2016 revenue estimate 1,608 million euros - Thomson Reuters I/B/E/S.  Full Article

Infineon Technologies comments on FY 2016 revenue forecast; to propose increase in dividend for FY 2015
Thursday, 26 Nov 2015 01:30am EST 

Infineon Technologies AG:Expects in Q1 a quarter-on-quarter revenue decrease of 6 percent (plus or minus 2 percentage points) due to seasonal factors.Based on an assumed average exchange rate of $1.10 to the euro, expects year-on-year revenue growth of around 13 percent (plus or minus 2 percentage points) for FY 2016.To propose dividend for FY 2015 to be raised by 0.02 euro to 0.20 euro.  Full Article

Infineon Technologies AG issues Q4 2015 outlook and comments on FY 2015 outlook
Thursday, 30 Jul 2015 01:30am EDT 

Infineon Technologies AG:Outlook Q4 FY 2015: quarter-on-quarter revenue growth of 1 percent (plus or minus 2 percentage points).Q4 FY 2015 revenue 1,636 million euros - Thomson Reuters I/B/E/S.Sees FY 2015 revenue growth of 34 percent and segment result margin of 15 percent.  Full Article

Infineon Technologies AG raises FY 2015 outlook
Tuesday, 5 May 2015 01:30am EDT 

Infineon Technologies AG:Now expects FY 2015 revenues to rise 34-38 pct, with core operating margin of 15 pct at mid-point of sales forecast.Previous outlook was for FY 2015 revenues to rise 10-14 pct and core operating margin of 14-15 pct at mid-point of sales forecast.FY 2015 revenue 5,559 million euros - Thomson Reuters I/B/E/S.  Full Article

Infineon Technologies AG acquires outstanding shares of joint venture LS Power Semitech Co., Ltd.
Sunday, 3 May 2015 08:00pm EDT 

Infineon Technologies AG:Has purchased all outstanding shares of LS Power Semitech Co., Ltd., a company established in 2009 as joint-venture of Infineon and LS Industrial Systems in Korea.  Full Article

Infineon Technologies AG launches two eurobonds with 800 million euros total
Thursday, 26 Feb 2015 07:00pm EST 

Infineon Technologies AG:Launches two eurobonds with total of 800 million euros ($897 million).Short-term loan of 300 million euros with maturity of three and half years and coupon of 1.00 pct.Long-term bond over 500 million euros with maturity of seven years and coupon of 1.50 pct.  Full Article

Infineon Technologies AG gives Q2 2015 outlook in line with analysts' estimates and comments on full FY 2015 outlook
Wednesday, 28 Jan 2015 07:00pm EST 

Infineon Technologies AG:Outlook Q2 FY 2015 (excluding International Rectifier): Revenue increase compared with previous quarter of between 5 and 9 pct and Segment Result Margin of between 12 and 13 pct expected.Outlook FY 2015 (excluding International Rectifier): Based on assumed exchange rate of $1.20 to euro, revenue growth compared with previous year of 12 pct, plus or minus 2 percentage points, and at mid-point of that range Segment Result Margin of between 14 and 15 pct expected.Q1 FY 2015: Revenue of 1,128 million euros.Q2 2015 revenue estimate 1,232 million euros - Thomson Reuters I/B/E/S.FY 2014 reported revenue 4,320 million euros.  Full Article

Infineon Technologies AG closes acquisition of International Rectifier
Tuesday, 13 Jan 2015 11:18am EST 

Infineon Technologies AG:Closes acquisition of International Rectifier.With effect from Jan. 13, the El Segundo based company has become part of Infineon following the approval of all necessary regulatory authorities and International Rectifier's shareholders.  Full Article

BRIEF-Infineon says management board member Mittal to leave for family reasons

* Effective from july 1, 2016 jochen hanebeck, currently division president automotive, is appointed as member of the board for the newly introduced operations department