Infineon Technologies AG (IFXGn.DE)
Tue, Feb 5 2019
FRANKFURT Chipmaker Infineon Technologies cut its forecast for full-year revenue growth on Tuesday to the bottom of its earlier range, blaming difficult markets, but expects a better second half as demand rebounds and inventories are worked off.
* To trim investments; new Austrian plant to go ahead (Adds management comments on outlook, demand, inventory)
FRANKFURT, Feb 5 German chipmaker Infineon Technologies revised down its guidance for full-year revenue growth to 9 percent and said it would trim investments, saying it faced an "increasingly difficult business environment".
PARIS, Nov 21 Airbus on Wednesday named the finance director of German chipmaker Infineon Technologies as its next chief financial officer to replace fellow German Harald Wihelm, who is due to step down next year.
FRANKFURT/MUNICH German chipmaker Infineon Technologies took a further multi-million euro provision to cover a legal dispute, overshadowing strong quarterly results and an upbeat outlook to send its shares sharply lower on Monday.
* Some uncertainty on outlook; shares turn lower (Writes through with context, analyst reaction, acquisition)
FRANKFURT, Nov 12 German chipmaker Infineon Technologies said on Monday it expected to achieve revenue growth of 9 to 13 percent in the 2018/19 business year after announcing forecast-beating annual results on the back of strong auto sector demand.
FRANKFURT, Oct 10 German chipmaker Infineon Technologies stood by its earnings forecasts as semiconductor stocks tumbled on Wednesday, after Swiss vacuum valve maker VAT Group said it was cutting working hours at one factory due to weak demand.
BRUSSELS Germany's Infineon Technologies on Wednesday won its fight against an 82.2 million euro ($96.74 million) European Union cartel fine after Europe's highest court told a lower tribunal to review the size of its penalty.
BRUSSELS, Sept 26 Germany's Infineon Technologies on Wednesday won its fight against an 82.2 million euro ($96.74 million) European Union cartel fine after Europe's highest court told a lower tribunal to review the size of its penalty.