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Home News Industry News

Infineon is Reporting Results for the Second Quarter of its 2023

Infineon concludes a significantly better-than-expected quarter and again raises its outlook for the current fiscal year

Editorial by Editorial
May 4, 2023
in Industry News
Reading Time: 1 min read
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Infineon Technologies AG is reporting results for the second quarter of its 2023 fiscal year (period ended 31 March 2023).

“Infineon is performing very well. We are seeing strong growth in our businesses relating to electromobility, renewable energy generation and energy infrastructure. These are precisely the key applications we are serving in terms of the decarbonization,” says Jochen Hanebeck, CEO of Infineon. “Although an improvement in consumer goods markets such as smartphones, PCs and home appliances is not yet visible, we are nevertheless very confident overall about Infineon’s future business performance. We are therefore revising our expectations for revenue and profitability in the current fiscal year upwards, as already announced at the end of March.”

The Q2 Investor Presentation is available (in English only) at: https://www.infineon.com/

Tags: Infineon Technologies AG
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