Key Developments: Infineon Technologies AG (IFXGn.DE)
6.25EUR
24 May 2013
€-0.13 (-2.02%)
€6.40
€6.43
€6.44
€6.24
5,958,587
7,865,766
€6.97
€4.86
Latest Key Developments (Source: Significant Developments)
Infineon Technologies AG Comments on FY 2013 Q2 and Q3 Revenue Outlook and FY 2013 Revenue Guidance
Infineon Technologies AG announced that it expects revenue of EUR 918 million in the second quarter (Q2) of the fiscal year 2013 and of approximately EUR 1 billion in the third quarter (Q3) of the fiscal year 2013. Overall outlook of the fiscal year 2013 revenue is expected to be at the upper end of the mid-to-high single digit percentage range. Full Article
Infineon Technologies AG Issues Q2 FY 2013 Revenue Guidance
Infineon Technologies AG announced that for the second quarter of the fiscal year 2013 it expects revenue to increase by a mid-single digit, compared to the result from the first quarter of the fiscal year 2013. In the first quarter of the fiscal year 2013 the Company reported revenue of EUR 851 million. Full Article
Infineon Technologies AG to Propose FY 2012 Dividend; Comments on Q1 FY 2013 Guidance; Issues FY 2013 Revenue Outlook In Line with Analysts' Estimates
Infineon Technologies AG announced that its Management Board will propose to the Supervisory Board and subsequently to shareholders at the Annual General Meeting to be held in February 2013 that Infineon Technologies AG shall pay an unchanged dividend of EUR 0.12 per share for the fiscal year 2012. If approved by the Supervisory Board and the Annual General Meeting, the total dividend would amount to approximately EUR 129 million. Moreover, the Company announced that it forecasts a reduction in revenue in the first quarter of the fiscal year 2013 (Q1 FY 2013) of a low teens percentage compared to the final quarter of the fiscal year 2012. For the fourth quarter of the fiscal year 2012 the Company reported revenue of EUR 982.00 million. Based on an assumed EUR/USD exchange rate of 1.25, for the fiscal year 2013 the Company forecasts a reduction in revenue compared to the previous fiscal year 2012 by a mid- to high-single digit percentage rate. For the fiscal year 2012 the Company reported revenue of EUR 3,904.00 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report Q1 FY 2013 revenue of EUR 898.68 million and fiscal year 2013 revenue of EUR 3,714.53 million. Full Article
Infineon Technologies AG Comments on Q4 FY 2012 Guidance; Issues Q1 FY 2013 Guidance
Infineon Technologies AG announced that it expects the revenue of the fourth quarter of fiscal year 2012 to be slightly down compared to the third quarter with a Segment Result Margin close to 12% of revenue. These results lead to the low end of the outlook provided on July 31, 2012. For the first quarter of fiscal year 2013, the Company expects a revenue decline of up to 10% relative to the fourth quarter of the 2012 fiscal year and a Segment Result Margin between 5% and 7% of sales. Full Article
Infineon Technologies AG Secures New U.S. Government Contract To Supply Secure Chip Technology For ePassport Program
Infineon Technologies AG announced that the U.S. Government Printing Office (GPO) awarded the Company a new contract to supply security chip technology embedded in the U.S. electronic passport. GPO produces the electronic passport for the Department of State, which issues the document to U.S. citizens. The passports include a security chip embedded in the back cover. This chip securely stores the citizen's credentials according to international standards of travel documents. In this new procurement, GPO named Infineon Technologies as a prime contractor. The new five-year contract award extends Infineon's engagement as a contractor to electronic passport program. Infineon has been a supplier to the program since GPO first began producing the documents in 2005. Full Article
Infineon Technologies AG Confirms Q4 of the FY 2012 Guidance
Infineon Technologies AG announced that it has confirmed its outlook for the Q4 of the fiscal year 2012. Compared to the Q3 of the fiscal year 2012, the Company expects roughly constant or slightly declining revenues and segment profit margin of approximately 12% (Q4 estimates of EUR 975.19 million, Q3 actual of EUR 990.00 million). Based on the latest outlook for the Q4 of fiscal year 2012, the full fiscal year 2012 revenue will be approximately 3% down from the fiscal year 2011 (fiscal year 2011 of EUR 3,997.00 million, fiscal; year 2012 estimates of EUR 3,892.03 million). According to I/B/E/S Estimates, analysts on average are expecting the Company to report Q4 of the fiscal year 2012 a Segment Result Margin between 13% and 14% of revenue. Full Article
Infineon Technologies AG Comments on Q3 FY 2012 and Q4 FY 2012 Guidance
Infineon Technologies AG announced that it has updated its outlook for the third quarter of the fiscal year 2012 (Q3 FY 2012) and the fourth quarter of the fiscal year 2012 (Q4 FY 2012). For the third quarter of the fiscal year 2012 the Company expects a slight decline in revenues compared to the second quarter of the fiscal year 2012 and a Total Segment Result Margin of approximately 12%. For the second quarter of the fiscal year 2012 the Company reported revenue of EUR 986.00 million. For the fourth quarter of the fiscal year 2012, the Company expects revenues and total Segment Result margin to be broadly flat compared to the third quarter of the fiscal year 2012. According to I/B/E/S Estimates, analysts on average are expecting the Company to report third quarter of the fiscal year 2012 revenue of EUR 981.68 million and fourth quarter of the fiscal year 2012 revenue of EUR 1,009.23 million. Full Article
Infineon Technologies AG CEO To Quit For Health Reasons-Reuters
Reuters reported that Infineon Technologies AG Chief Executive Officer (CEO) Peter Bauer will leave the Company in September for health reasons, to be replaced by executive board member Reinhard Ploss. Ploss will replace Bauer on October 1. Full Article
Infineon Technologies AG Issues Q3 FY 2012 Guidance; Confirms FY 2012 Guidance
Infineon Technologies AG announced that for the third quarter of fiscal year 2012, the Company expects broadly flat revenue and a Segment Result Margin similar to the level recorded in the second quarter of fiscal year 2012. Furthermore, the Company forecasts that revenue in the 2012 fiscal year will only fall by a low single-digit percentage rate compared to the fiscal year 2011. For the fiscal year 2011, the Company reported revenue of EUR 3,997.00 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR 3,878.03 million for the fiscal year 2012. Full Article
Fairchild Semiconductor Inc And Infineon Technologies AG Reach License Agreement For Automotive MOSFET H-PSOF TO-Leadless Packaging Technology
Fairchild Semiconductor Inc and Infineon Technologies announced a licensing agreement on Infineon’s advanced automotive MOSFET packaging technology H-PSOF (Heatsink Plastic Small Outline Flat Lead), a JEDEC standard TO-Leadless (TO-LL) package (MO-299). The package is designed for use in high-current automotive applications, including battery management for hybrid vehicles, Electric Power Steering (EPS), active alternators and other heavy load electrical systems. The TO-Leadless package is the package enabling current capabilities of 300A. It also offers benefits in terms of board space compared to the current D2PAK package, with a more than 20% smaller as well as 50% lower package height. Full Article
UPDATE 2-Chipmaker Infineon says auto orders help lift outlook
* Sees 2013 sales at upper end of 3.56-3.71 bln target range
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