Infineon reported Q3 revenues of €1,586m, corresponding to a 6.9% sequential increase and 42.8% yoy, due to the consolidation of International Rectifier. IPC and PMM displayed a strong sequential growth (+11.6% and +11.4%), the latter almost doubling its revenues yoy (+90.8%) as most of IR’s revenues were allocated there. Automotive displayed lesser growth (+3.8% qoq, 21.7% yoy), but remained the bigger business in size, and CSS decreased sequentially (-5.5%) but grew strongly yoy
30 Jul 2015
Good profitability but a slowdown in the outlook
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Good profitability but a slowdown in the outlook
Infineon Technologies AG (IFX:WBO) | 0 0 0.5% | Mkt Cap: 25,045m
- Published:
30 Jul 2015 -
Author:
Charles Bordes -
Pages:
3
Infineon reported Q3 revenues of €1,586m, corresponding to a 6.9% sequential increase and 42.8% yoy, due to the consolidation of International Rectifier. IPC and PMM displayed a strong sequential growth (+11.6% and +11.4%), the latter almost doubling its revenues yoy (+90.8%) as most of IR’s revenues were allocated there. Automotive displayed lesser growth (+3.8% qoq, 21.7% yoy), but remained the bigger business in size, and CSS decreased sequentially (-5.5%) but grew strongly yoy