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Infineon Technologies AG (IFXGn.DE)

IFXGn.DE on Xetra

23.11EUR
22 Jun 2018
Change (% chg)

€-0.58 (-2.45%)
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€23.69
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€23.03
Volume
8,654,800
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5,402,929
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€25.76
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Latest Key Developments (Source: Significant Developments)

Infineon CEO: sees 2017/18 revenue growth at 16 pct in dollar terms
Wednesday, 31 Jan 2018 03:51am EST 

Jan 31 (Reuters) - Infineon Technologies AG ::INFINEON CEO SAYS 2017/18 REVENUE GUIDANCE, EXPRESSED IN DOLLAR TERMS, IS AT A MID-POINT OF 16 PERCENT GROWTH.INFINEON CEO SAYS WE ARE RAMPING OUR 300 MM DRESDEN FAB AS FAST AS POSSIBLE TO MEET DEMAND.  Full Article

Infineon buys Innoluce in autonomous driving push
Tuesday, 11 Oct 2016 04:08am EDT 

Infineon Technologies AG :Buys Innoluce BV, a Dutch fabless semiconductor company headquartered in Nijmegen, to strengthen its position in automated driving.  Full Article

Infineon CFO says sees 2015/16 sales growth at 11.5-12 pct, oper margin of 15-16 pct
Tuesday, 2 Aug 2016 05:34am EDT 

Infineon Technologies Ag : Cfo says sees 2015/16 sales growth at 11.5-12 percent, operating margin of 15-16 percent Further company coverage: [IFXGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Infineon CFO sees no further weakening of smartphone market
Tuesday, 2 Aug 2016 04:33am EDT 

Infineon Technologies AG : CFO says already in sluggish smartphone market, we see no weakening beyond that Further company coverage: [IFXGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Wolfspeed has better operating margins than Infineon CFO says
Thursday, 14 Jul 2016 06:45am EDT 

Infineon : Cfo says wolfspeed business has better operating margins than infineon at the moment . Ceo says wolfspeed has gross margin of 55 percent and will grow by average 20 percent annually until 2020 . Cfo says there is positive booking trend at wolfspeed Further company coverage: [IFXGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Cree says buyer may be required to pay termination fee of $12.5 mln-$42.5 mln
Thursday, 14 Jul 2016 06:43am EDT 

Cree Inc :Says buyer may be required to pay Cree a termination fee ranging from $12.5 million to $42.5 million - SEC filing.  Full Article

Cree says to sell Wolfspeed to Infineon for $850 mln cash
Thursday, 14 Jul 2016 06:02am EDT 

Cree Inc : Cree to sell wolfspeed to infineon for $850 million cash . Preliminary revenue results for q4 were at upper end of company's target range at approximately $388 million . Targets approximately $585 million of net proceeds after tax and other deal related costs . Q4 revenue view $382.8 million -- Thomson Reuters I/B/E/S .Target using capital raised, combined with free cash flow, to fund "select m&a", as well as to support additional stock buybacks.  Full Article

Infineon to buy Wolfspeed from Cree for $850 mln
Thursday, 14 Jul 2016 05:54am EDT 

Infineon Technologies AG: Infineon to acquire Wolfspeed for US dollar 850 million in cash . Transaction to be immediately margin and adjusted earnings-per-share accretive . Transaction will be financed by incremental debt of US dollar 720 million and US dollar 130 million cash-on-hand . Cree's board of directors and Infineon's supervisory board have approved acquisition . Deal also includes related SIC wafer substrate business for power and RF power .Has entered into a definitive agreement to acquire Wolfspeed Power and RF division of Cree.  Full Article

Infineon targets at least 10 pct revenue growth in 2019

FRANKFURT, June 8 German chip maker Infineon Technologies gave bullish guidance for fiscal 2019 on Friday, saying it expected revenue growth to accelerate to at least 10 percent thanks to a strong order book and a strengthening U.S. dollar.