INFINEON: Excluding one-off effects, results and guidance are broadly in line with expectations | NEUTRAL | EUR21(+4%)
INFINEON - NEUTRAL | EUR21(+4%)Excluding one-off effects, results and guidance are broadly in line with expectations
Excluding one-off items, results are broadly in line with consensus
No signs of recovery in the automotive market, industrial still soft
Guidance slightly below expectations
Infineon Technologies is a semiconductor manufacturing company. 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 generation, transmission and economy in the use of electrical energy. The Power Management & Multimarket segment designs, develops, manufactures and markets semiconductors for power supplies, mobile devices and mobile phone network infrastructures. The Chip Card & Security segment designs, develops, manufactures and markets semiconductor-based security products for card applications and networked systems.
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