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Infineon Technologies AG (IFXGn.DE)

IFXGn.DE on Xetra

23.91EUR
28 Sep 2020
Change (% chg)

€0.94 (+4.07%)
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€22.97
Open
€23.22
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€23.21
Volume
4,536,942
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6,019,776
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€24.87
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€10.13

Latest Key Developments (Source: Significant Developments)

Infineon Says Auto Sector Slowdown Likely Behind Us
Tuesday, 4 Aug 2020 

Aug 4 (Reuters) - Infineon Technologies CEO::LEGACY AUTOMOTIVE SEGMENT, NOT COUNTING CYPRESS, SUFFERED Q3 REVENUE DECLINE OF 25%.ALL INDICATORS SHOW THE WORST OF THE AUTOMOTIVE SECTOR SLOWDOWN IS BEHIND US.  Full Article

Infineon Posts Q3 Operating Loss, Confirms Full-Year Outlook
Tuesday, 4 Aug 2020 

Aug 4 (Reuters) - Infineon Technologies AG ::DGAP-NEWS: INFINEON TECHNOLOGIES AG: INFINEON'S THIRD-QUARTER FIGURES INCLUDE CYPRESS FOR FIRST TIME; ROBUST PROFITABILITY, FULL-YEAR OUTLOOK CONFIRMED.Q3 OPERATING LOSS -93 MILLION EUR.Q3 FY 2020: REVENUE OF EUR 2,174 MILLION; SEGMENT RESULT EUR 220 MILLION; SEGMENT RESULT MARGIN 10.1 PERCENT.CYPRESS CONSOLIDATED SINCE CLOSING OF ACQUISITION ON 16 APRIL 2020. PRELIMINARY PURCHASE PRICE ALLOCATION GIVES RISE TO GOODWILL OF ABOUT EUR 5.5 BILLION- OUTLO.OUTLOOK FOR FY 2020: ASSUMING REVENUE IN Q4 FINISHES AT MIDPOINT OF GUIDED RANGE, REVENUE FOR FULL FISCAL YEAR 2020 WILL BE AROUND EUR 8.5 BILLION. AT THIS LEVEL, SEGMENT RESULT MARGIN IS EXPECTED TO COME IN AT ABOUT 13 PERCENT.OUTLOOK FOR Q4 FY 2020: BASED ON AN ASSUMED EXCHANGE RATE OF US$ 1.15 TO EURO, REVENUE OF BETWEEN EUR 2.3 BILLION AND EUR 2.6 BILLION IS EXPECTED. AT MIDPOINT OF GUIDED REVENUE RANGE, A SEGMENT RESULT MARGIN OF ABOUT 14 PERCENT IS PREDICTED.PANDEMIC CONTINUES TO HAVE A SIGNIFICANT IMPACT ON OUR TARGET MARKETS, RESULTING IN WEAKER DEMAND IN MANY PRODUCT AREAS.THANKFULLY, WE ARE SEEING CONCRETE SIGNS OF RECOVERY WITHIN AUTOMOTIVE SECTOR, WHICH HAS BEEN PARTICULARLY HARD HIT.INFINEON IS ALSO BENEFITTING FROM INCREASED DIGITIZATION THROUGH GROWING VOLUME OF DATA TRAFFIC, INTERNET OF THINGS AND MOBILE COMMUNICATION.OUR OUTLOOK FOR FINAL QUARTER OF FISCAL YEAR IS CAUTIOUSLY OPTIMISTIC.  Full Article

Infineon Technologies AG Determines Placement Price For New Shares at 19.30 Euro Per Share
Wednesday, 27 May 2020 

May 26 (Reuters) - Infineon Technologies AG ::INFINEON DETERMINES THE PLACEMENT PRICE FOR THE NEW SHARES.INFINEON TECHNOLOGIES-INCREASES SHARE CAPITAL THROUGH PARTIAL UTILIZATION OF ITS AUTHORIZED CAPITAL FROM EUR 2.50 BILLION BY EUR 110 MILLION TO EUR 2.61 BILLION.SHARES WERE PLACED AT A PLACEMENT PRICE OF EUR 19.30 PER SHARE.TRADING IS EXPECTED TO COMMENCE ON 3 JUNE 2020.GROSS PROCEEDS OF EUR 1.06 BILLION BEFORE DEDUCTION OF COMMISSIONS AND EXPENSES.  Full Article

Infineon Technologies AG ABB Placing Bookrunner Says Price Guidance €19.10 To Market
Tuesday, 26 May 2020 

May 26 (Reuters) - Bookrunner::BLOCK TRADE - INFINEON TECHNOLOGIES AG ABB PLACING: BOOKRUNNER SAYS SYNDICATE HAD VISIBILITY ON INDICATIVE INVESTOR INTEREST IN EXCESS OF DEAL SIZE.BLOCK TRADE - INFINEON TECHNOLOGIES AG ABB PLACING: BOOKRUNNER SAYS PRICE GUIDANCE €19.10 TO MARKET (5.2% AT WIDE END).  Full Article

Infineon Technologies AG ABB Placing Bookrunner Says Books Are Covered
Tuesday, 26 May 2020 

May 26 (Reuters) - Bookrunner::BLOCK TRADE - INFINEON TECHNOLOGIES AG ABB PLACING: BOOKRUNNER SAYS BOOKS ARE COVERED. PRICE GUIDANCE TO FOLLOW.  Full Article

Infineon Reports Fiscal Q2 Net Income of €178 Mln
Tuesday, 5 May 2020 

May 5 (Reuters) - Infineon Technologies ::Fiscal Q2 revenues of €1.986 bln.Q2 segment result of €274 mln.Q2 segment result margin at 13.8%.Q2 net income of €178 mln.Q3 outlook: revenue for combined company between €1.9 bln and €2.3 bln, segment result margin for combined company at positive mid-single digit percent level.CEO says we have largely been able to maintain operations in recent weeks.CEO says we also put cost-containment measures in place at early stage.CEO says outlook for H2 of fiscal year has significantly deteriorated.CEO says we expect sharp drop in revenue in auto segment.  Full Article

Infineon Technologies Completes Acquisition Of Cypress Semiconductor Corporation
Thursday, 16 Apr 2020 

April 16 (Reuters) - INFINEON TECHNOLOGIES AG ::COMPLETES ACQUISITION OF CYPRESS SEMICONDUCTOR CORPORATION.  Full Article

Sectigo Partners With Infineon Technologies
Thursday, 16 Apr 2020 

April 16 (Reuters) - Sectigo::PARTNERSHIP WITH INFINEON TECHNOLOGIES AG.PARTNERSHIP TO PROVIDE AUTOMATED CERTIFICATE PROVISIONING FOR INFINEON'S OPTIGA™ TRUSTED PLATFORM MODULE (TPM) 2.0 USING SECTIGO IOT IDENTITY MANAGER.  Full Article

Infineon: Final Regulatory Approval For Acquisition Of Cypress Semiconductor
Tuesday, 7 Apr 2020 

April 7 (Reuters) - INFINEON TECHNOLOGIES AG ::ANNOUNCES FINAL REGULATORY APPROVAL FOR ACQUISITION OF CYPRESS SEMICONDUCTOR CORPORATION.TRANSACTION WILL INITIALLY BE FUNDED THROUGH A COMBINATION OF CASH ON HAND AND A COMMITTED ACQUISITION FINANCING FACILITY PROVIDED BY BANKS.WILL USE THE PROCEEDS FROM THE SHARE PLACEMENT AND THE ISSUANCE OF THE HYBRID BOND IN 2019, TOTALING 2.7BN EUR..EXPECTS TO CLOSE THE TRANSACTION WITHIN FIVE BUSINESS DAYS.ACQUISITION FACILITY, WHICH IS SYNDICATED AMONG 20 INTERNATIONAL BANKS, WILL BE DRAWN TO PAY THE REMAINDER OF THE TRANSACTION VALUE.FACILITY MATURITIES RANGE FROM MARCH 2022 UNTIL JUNE 2024 FOR INDIVIDUAL TRANCHES.WILL KEEP LIQUIDITY CORRESPONDING TO ITS TARGET LEVEL OF 1BN EUR PLUS AT LEAST 10% OF SALES ON ITS BALANCE SHEET.  Full Article

Infineon Technologies Withdraws 2020 Outlook Due To Coronavirus
Thursday, 26 Mar 2020 

March 26 (Reuters) - INFINEON TECHNOLOGIES AG ::INFINEON WITHDRAWS OUTLOOK FOR FY20; ECONOMIC IMPACT RESULTING FROM CORONAVIRUS PANDEMIC CAN CURRENTLY NOT BE RELIABLY ASSESSED.IMPACT OF CORONAVIRUS PANDEMIC CAN RESULT IN A DEVIATION FROM THIS EXPECTATION AND CAN LEAD TO A NOTICEABLE DECLINE IN REVENUE COMPARED TO LAST FISCAL YEAR.FOR CURRENT QUARTER ENDING ON 31 MARCH, REVENUE IS EXPECTED TO COME IN AROUND LOWER END OF GUIDED RANGE.GIVEN UNCERTAINTY REGARDING SEVERITY AND LENGTH OF PANDEMIC'S ECONOMIC IMPACT, SPECIFIC IMPLICATIONS ON SALES AND EARNINGS FOR 2020 CANNOT BE RELIABLY ASSESSED OR QUANTIFIED.SECOND HALF OF 2020 FISCAL YEAR WILL BE IMPACTED BY NEGATIVE ECONOMIC CONSEQUENCES OF DISRUPTIONS CAUSED BY VIRUS CONTAINMENT MEASURES.NUMBER OF CARS PRODUCED AND SOLD IS PREDICTED BY MARKET RESEARCHERS TO DECLINE CONSIDERABLY IN ALL MAJOR MARKETS COMPARED TO 2019.  Full Article

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New U.S. curbs threaten Huawei's smartphone crown and hit suppliers

SHANGHAI/SEOUL Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company's access to even off-the-shelf chips, threaten its crown as the world's largest smartphone maker and disrupt global tech supply, executives and experts warned.