Infineon Technologies AG : A fresh warning gives cause for concern, but might Infineon have been too aggressive on its outlook?
>Third warning of the year, due to the macroeconomic context in China which is impacting automotive and power management and multimarket - Infineon has issued a warning for the third time this year on its outlook for 2019 (factoring in the initial guidance for 2019 given at the June 2018 investor day for +13% growth), owing to worsening macroeconomic trends. The group has singled out China, with 1/ the decline in vehicle sales, which picked up in February, leading to...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.
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