Infineon reported Q4 revenues of €1,598m, up 0.8% sequentially. Every segment grew compared to the previous quarter, with the exception of Automotive, which is down 1.1%. The strongest growth came from Chip Cards & Security, up 5.2% sequentially and 27.5% yoy organically; Power Management grew by 3.3%, while Industrial Power Control was roughly flat (+0.7%). The gross margin reached 39%, corresponding to a 420bp sequential increase. The Segment Result margin reached 17.9%, up 250bp s
26 Nov 2015
Strong release, boosted by the completion of the integration of Internatinal Rectifier
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Strong release, boosted by the completion of the integration of Internatinal Rectifier
Infineon Technologies AG (IFX:WBO) | 0 0 0.5% | Mkt Cap: 25,045m
- Published:
26 Nov 2015 -
Author:
Charles Bordes -
Pages:
3
Infineon reported Q4 revenues of €1,598m, up 0.8% sequentially. Every segment grew compared to the previous quarter, with the exception of Automotive, which is down 1.1%. The strongest growth came from Chip Cards & Security, up 5.2% sequentially and 27.5% yoy organically; Power Management grew by 3.3%, while Industrial Power Control was roughly flat (+0.7%). The gross margin reached 39%, corresponding to a 420bp sequential increase. The Segment Result margin reached 17.9%, up 250bp s