Infineon Technologies AG (IFXGn.DE)
8 Dec 2017
Tue, Nov 14 2017
* CEO says could imagine acquisitions in robotics, but have no concrete plans at the moment
FRANKFURT/MUNICH, Nov 14 Germany's Infineon forecast industry-beating sales growth for its next fiscal year on Tuesday, driving shares in the chipmaker 5 percent higher despite a slowdown in quarterly sales caused by a weaker dollar.
FRANKFURT/MUNICH, Nov 14 German chipmaker Infineon, the top supplier of power controls to auto and industrial markets, on Tuesday reported a slowdown in sequential sales due to a weaker dollar and guided lower for the current quarter.
FRANKFURT Germany's Infineon Technologies said it was aware of, and had taken action to correct a flaw in the encryption used for secure products such as identity cards that was revealed by researchers on Monday.
* Infineon: reacted immediately after told of bug in February
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.