Infineon Technologies AG (IFXGn.DE)
Thu, Sep 21 2017
FRANKFURT German chipmaker Infineon Technologies said on Thursday it had signed an agreement to sell a manufacturing site in Wales, disposing of a non-core asset to a private buyer that will keep the plant operating.
FRANKFURT/MUNICH Infineon will supply parts to Tesla's upcoming mass-market Model 3 electric car, the German chipmaker said on Tuesday, after being beaten out as initial supplier by Franco-Italian rival STMicroelectronics for the coveted deal.
* Company affirms fiscal year guidance (Adds CEO, analyst comments, background, updates shares)
* says inventories healthy; bookings full, with many areas of market over-heated, but weak dollar is headwind
FRANKFURT, Aug 1 German chipmaker Infineon , the top supplier of power controls to auto and industrial markets, on Tuesday posted revenue in line with forecasts while profit topped expectations in spite of a sequential decline in its autos business.
* CEO says looking at potential acquisition targets in U.S. and North America Further company coverage: (Frankfurt Newsroom)
FRANKFURT German chipmaker Infineon on Thursday stuck with its full-year guidance, which it raised in March, after reporting slightly weaker-than-expected quarterly operating profit.
* Shares indicated to open 1.3 pct lower (Adds CEO comment, details about automotive)
FRANKFURT, May 4 German chipmaker Infineon on Thursday reported a 30 percent rise in second-quarter operating profit helped by its automotive and industrial activities.