Infineon revenue jumps 25% to $4.35 bn in Dec quarter

Infineon Technologies, a leading supplier of microchips, said its revenue rose 25 percent to €3.95 billion ($4.35 billion) in the quarter ending Dec. 31, 2022.
Infineon Connected Secure Systems
Infineon has generated revenue of €1,872 million from Automotive (ATV), €500 million from Industrial Power Control (IPC), €1,043 million from Power & Sensor Systems (PSS) and €531 million from Connected Secure Systems (CSS) during the December quarter of 2022.

The semiconductor company has maintained its full-year revenue outlook of around €15.5 billion, plus or minus €500 million, despite a less favourable assumed exchange rate, but now expects a segment result margin of 25 percent from a previous 24 percent.

The Munich-based Infineon said investments for the full year are expected to amount to approximately €3 billion.

Infineon said the focus of its Capex will be on the construction of the third manufacturing module on the Kulim site in Malaysia to produce compound semiconductors, the start of construction work on the fourth manufacturing module in Dresden in Germany to produce analog / mixed-signal components and power semiconductors, and the expansion of frontend manufacturing capacity especially in Dresden in Germany and Villach in Austria.