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Infineon Technologies And GT Advanced Technologies Sign Supply Agreement
Infineon CEO Says Consolidation Of Cypress Will Bring Margin Tailwind In Fiscal 2021
Infineon Says Auto Sector Slowdown Likely Behind Us
Infineon Technologies AG is a Germany-based designer, developer and manufacturer of semiconductors and related system solutions. The Company operates through four segments: Automotive, Industrial Power Control, Power Management & Multimarket, and Chip Card & Security. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications. The Industrial Power Control segment designs, develops, manufactures and markets semiconductors for the conversion of electric energy in the medium to high power range. The Power Management & Multimarket segment designs, develops, manufactures and markets semiconductors for power supplies, and for mobile devices and cellular infrastructure, as well as offers a range of Class-D amplifiers for home audio applications. The Chip Card & Security segment designs, develops, manufactures and markets hardware-based security products for card applications and connected systems.
Am Campeon 1-15
Independent Non-Executive Chairman - Supervisory of the Supervisory Board
Chairman of the Management Board, Chief Executive Officer
Non executive Vice Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Management Board
Member of the Management Board, Chief Operations Officer
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German chipmaker Infineon Technologies <IFXGn.DE> is relatively well insulated from geopolitical tensions between the United States and China thanks to its focus on power-management chips, CEO Reinhard Ploss said on Wednesday.
German chipmaker Infineon forecast double-digit revenue growth for the year ahead, sending its shares higher even as management proposed to trim the dividend to account for the blow inflicted by the coronavirus pandemic.
* Shares gain 4.6% (Updates with shares, analyst, CEO comment)
German chipmaker Infineon on Tuesday posted a net loss as it reported fiscal third-quarter results that were skewed by the closing in mid-quarter of its $10 billion takeover of U.S. peer Cypress Technologies.
Europe's second top court on Wednesday cut Infineon Technologies' cartel fine by 7% to 76.87 million euros ($86.7 million), saying that the German chipmaker had fewer anti-competitive contacts with other cartel members than EU antitrust regulators had said.
Europe's second top court on Wednesday cut German chipmaker Infineon Technologies' 82.78 million euro ($93.3 million)antitrust fine to 76.87 million euros.
German financial markets regulator BaFin on Monday said that shares in chip maker Infineon <IFXGn.DE> were being touted illegally using the company's logo by an unknown investor who had failed to publish an offer prospectus.
German chipmaker Infineon Technologies raised about 1.06 billion euros ($1.16 billion) by issuing new shares to partially finance its $10 billion acquisition of U.S.-based Cypress Semiconductor, it said on Tuesday.
German chipmaker Infineon Technologies aims to raise about 1 billion euros ($1.1 billion) by issuing new shares to partially finance its $10 billion acquisition of U.S.-based Cypress Semiconductor, it said on Tuesday.
* Q3 outlook: revenue for combined company between €1.9 bln and €2.3 bln, segment result margin for combined company at positive mid-single digit percent level
German chipmaker Infineon Technologies <IFXGn.DE> on Monday said that it expects sales to decrease by 5% in the fiscal year to Sept. 30 because of the impacts of the coronavirus pandemic, compared to an original target of a 5% increase.
* DGAP-ADHOC: INFINEON TECHNOLOGIES AG: EFFECTS OF THE CORONAVIRUS PANDEMIC WEIGH ON THE OUTLOOK FOR THE REMAINING FISCAL YEAR 2020, THE SUCCESSFUL ACQUISITION OF CYPRESS REINFORCES BUSINESS MODEL IN MEDIUM AND LONG TERM
Infineon Technologies said on Tuesday that it had received final regulator clearance for its takeover of U.S. Cypress Semiconductor and that funding was in place to complete the deal.
German chipmaker Infineon Technologies <IFXGn.DE> on Thursday withdrew its forecast for revenue to grow by 5% in the fiscal year to Sept. 30, saying the coronavirus pandemic could lead to a noticeable decline in revenue.
* INFINEON WITHDRAWS OUTLOOK FOR FY20; ECONOMIC IMPACT RESULTING FROM CORONAVIRUS PANDEMIC CAN CURRENTLY NOT BE RELIABLY ASSESSED
Shares in Infineon Technologies <IFXGn.DE> rallied in early trading on Tuesday after a U.S. national security review raised no concerns over its proposed $10 billion takeover of Cypress Semiconductor Corp <CY.O>.
* CYPRESS SEMICONDUCTOR - CFIUS DETERMINED NO UNRESOLVED NATIONAL SECURITY CONCERNS WITH RESPECT TO PROPOSED MERGER WITH INFINEON TECHNOLOGIES AG Source text for Eikon: Further company coverage:
Cypress Semiconductor Corp said Monday that the Committee on Foreign Investment in the United States (CFIUS) determined that there are no national security concerns with its proposed $10 billion takeover by German chipmaker Infineon Technologies. (Reporting by Ismail Shakil...
Shares in German chipmaker Infineon Technologies <IFXGn.DE> fell by up to 5% on Friday after a Bloomberg report that U.S. security officials had advised President Donald Trump to block its $10 billion takeover of Cypress Semiconductor Corp <CY.O>.
U.S. national security officials have recommended that President Donald Trump block German chipmaker Infineon Technologies AG's proposed $10 billion deal to buy Cypress Semiconductor Corp as it poses a security risk, Bloomberg News reported on Thursday, citing people familiar...
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