INFINEON: Q4 results broadly in line with a strong Q1 guidance on margins as auto recovers | BUY | EUR30(+14%)
INFINEON - BUY | EUR30(+14%)Q4 results broadly in line with a strong Q1 guidance on margins as auto recovers
Q4 results are broadly in line with expectations
Automotive business recovers, while IPC disappoints
A positive Q1 guidance especially on the margin side
However, FY21 is below consensus on USD terms
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.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.