Q4 FY 2020: Revenue of EUR2,490 million; Segment Result EUR379 million; Segment Result Margin 15.2 percent.

FY 2020: Revenue of EUR8,567 million, up 7 percent year-on-year; Segment Result EUR1,170 million; Segment Result Margin 13.7 percent, organic free cash flow EUR911 million

Outlook for Q1 FY 2021: Based on an assumed exchange rate of US$ 1.15 to the euro, revenue between EUR2.4 billion and EUR2.7 billion predicted. At the mid-point of the guided revenue range, Segment Result Margin expected to come in at around 16 percent

Outlook for FY 2021: Based on an assumed exchange rate of US$ 1.15 to the euro, revenue of around EUR10.5 billion (plus or minus 5 percent) expected. At the mid-point of the guided revenue range, Segment Result Margin expected to come in at around 16.5 percent. Investments between EUR1.4 and 1.5 billion are planned. Free cash flow is expected to exceed EUR700 million

Proposed dividend for FY 2020: EUR0.22 per share (FY 2019: EUR0.27); reduction due to impact of corona pandemic and ongoing risks

Neubiberg, Germany, 9 November 2020 - Today, Infineon Technologies AG is reporting results for the fourth quarter and for the full 2020 fiscal year, both ended on 30 September 2020.

'Infineon has successfully completed an exceptional and difficult fiscal year with a very respectable fourth quarter. We have proven that our company has a robust business model and continues to develop steadily, even in uncertain times,' said Dr. Reinhard Ploss, CEO of Infineon. 'Some of our target markets, especially the automotive sector, have recovered better than expected since the summer. In addition, the structural transformation towards electro mobility is accelerating, particularly in Europe. Other markets are showing weakness, like traction or government identification, or are still a long way from recovery, such as factory automation. All in all, we are cautiously optimistic for the fiscal year that has just begun. However, the coronavirus pandemic, the geopolitical situation and prevailing macroeconomic conditions all remain challenging. The combination of a strengthened team and a broader technology and product portfolio - especially through connectivity for the IoT and other digital applications - enables us to address an even greater number of markets. We are in an excellent position to master future challenges.'

For the full version of this news release (incl. financial data), please download the PDF version.

About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. In the 2020 fiscal year (ending 30 September), Infineon reported revenue of more than EUR8.5 billion with a workforce of some 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company.

Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).

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