Report
Martin Marandon-Carlhian ...
  • Stephane Houri

Infineon Technologies AG : Infineon accelerating strongly in GaN

>Outperform reiterated after the announced acquisition of GaN Systems - Last Thursday, Infineon announced the acquisition of a Canadian company called GaN Systems, a specialist in power chips on gallium nitride (GaN), for a cash payment of $ 830m. Although the price tag (several tens of times higher than revenue) might appear high given the low level of revenue and the probable absence of profitability, we think that this is the price to be paid for building a solid ...
Underlying
INFINEON TECHNOLOGIES AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Martin Marandon-Carlhian

Stephane Houri

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