Infineon Expects to Outlast the Latest Chip Industry Downturn; Maintain EUR 22 FVE
Infineon reported solid fiscal first-quarter earnings despite sluggish demand for semiconductors. Unsurprisingly, the company lowered its full-year revenue forecast to the low end of its prior guidance of 9%-13% annual growth, but we're still impressed that the firm's forecast for the March quarter calls for 7% year-over-year sales growth at the midpoint. We're encouraged that Infineon expects its automotive business to grow at an even faster pace than its 9% total revenue forecast, even though ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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.