Infineon Technologies : Solid start into 2016 fiscal year
February 02, 2016 at 04:29 am EST
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Q1 FY 2016: Revenue of €1,556 million; Segment Result €220 million; Segment Result Margin 14.1 percent
Outlook for Q2 FY 2016: Quarter-on-quarter revenue increase of 3 percent (plus or minus 2 percentage points), with Segment Result Margin of 13 percent at mid-point of revenue range
Outlook for Financial Year 2016 confirmed
Neubiberg, Germany, February 2, 2016 - Infineon Technologies AG today reported results for the first quarter of the 2016 fiscal year (period ended December 31, 2015).
'Our business performed better than expected in the past quarter. Infineon's broad diversification in terms of customers, markets and regions is paying off,' stated Dr. Reinhard Ploss, CEO of Infineon Technologies AG. 'We are doing particularly well in the automotive business, where Infineon's leading expertise is prevailing. Our solutions for driver assistance systems continue to generate growth. Electromobility is gaining momentum as well.'
For the full version of this news release (incl. financial data), please download the PDF version (see downloads below)
Infineon Technologies AG issued this content on 02 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 February 2016 09:28:13 UTC
Original Document: http://www.infineon.com/cms/en/about-infineon/press/press-releases/2016/INFXX201602-024.html
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%).