Infineon Technologies AG : 2020 expectations look too high because of the automotive segment
>We have lowered our expectations for the automotive division (45% of sales) for 2020 following the conference call on Tuesday - After Tuesday's conference call focusing on the automotive business, we have lowered our forecasts for this division for 2020. After management's indications that: 1/ the global automotive market is set to be flat at best (-0.5%) and 2/ inventory levels at distributors in China remain high (16 weeks vs 12 weeks normally), it is now clear tha...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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.