Infineon Technologies : Quarterly Report - Revenue and earnings slightly better than expected
May 03, 2016 at 03:04 pm EDT
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Q2 FY 2016: Revenue of €1,611 million; Segment Result €228 million; Segment Result Margin 14.2 percent
Outlook for Q3 FY 2016: Quarter-on-quarter revenue increase of 2 percent (plus or minus 2 percentage points), Segment Result Margin 16 percent at mid-point of the revenue guidance
Outlook for FY 2016: In spite of a now assumed exchange rate of US$ 1.15 to the euro, year-on-year revenue growth of around 12 percent (plus or minus 2 percentage points) and Segment Result Margin between 15 and 16 percent at mid-point of the revenue guidance
Neubiberg, Germany, May 3, 2016 - Infineon Technologies AG today reported results for the second quarter of its 2016 fiscal year (period ended March 31, 2016).
'We have come through a difficult quarter quite well. Revenue and earnings were both slightly better than expected,' stated Dr. Reinhard Ploss, CEO of Infineon Technologies AG. 'Infineon is performing very well in next-generation technology areas with high growth rates: electromobility, advanced driver assistance systems and renewable energy. In spite of a weaker US dollar and a rather flat semiconductor market we are going to show double-digit growth in revenues in the current fiscal year.'
For the full version of this news release (incl. financial data), please download the PDF version (see downloads below)
Infineon Technologies AG published this content on 03 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 May 2016 19:03:06 UTC.
Original documenthttp://www.infineon.com/cms/en/about-infineon/press/press-releases/2016/INFXX201605-052.html
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Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems;
- other (0.1%).
Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).
INFINEON TECHNOLOGIES AG 
