Infineon reported Q2 17 revenues of €1,767m, up by 7.6% sequentially and by 9.7% yoy. Automotive and Industrial Power Control were up double-digit yoy (€783m, +16.9% and €293m, +10.6%), Power Management & Multimarket showed growth (€520m, +4.8%) while Chip Card & Security fell back into the red (€169m, -6.1%). The gross margin reached 36.5%, up by 40bps sequentially and 160bps yoy. The Segment result margin reached 16.8%, up 260bp yoy. All business lines cross
04 May 2017
No surprise after the previous guidance upgrade
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No surprise after the previous guidance upgrade
Infineon Technologies AG (IFX:WBO) | 0 0 0.5% | Mkt Cap: 25,045m
- Published:
04 May 2017 -
Author:
Charles Bordes -
Pages:
3
Infineon reported Q2 17 revenues of €1,767m, up by 7.6% sequentially and by 9.7% yoy. Automotive and Industrial Power Control were up double-digit yoy (€783m, +16.9% and €293m, +10.6%), Power Management & Multimarket showed growth (€520m, +4.8%) while Chip Card & Security fell back into the red (€169m, -6.1%). The gross margin reached 36.5%, up by 40bps sequentially and 160bps yoy. The Segment result margin reached 16.8%, up 260bp yoy. All business lines cross