Infineon had calendar Q2 revenue of €1,632 million for a profit of €254 million. For calendar Q3 it expects q-o-q revenue increase of 3% (+/ – 2%). “Revenue, earnings and margin all increased in line with expectations in the third quarter,” says CEO Reinhard Ploss, “demand and was particularly strong for our automotive electronics, renewables …
Read full article: Infineon sees 8% CAGR long-term growth