€35.49 0.0 0.1%
Last Trade - 16/04/21
Market Cap | £40.00bn |
Enterprise Value | £43.17bn |
Revenue | £8.04bn |
Position in Universe | 35th / 1048 |
Feb 4 (Reuters) - Infineon Technologies AG IFXGn.DE CEO: * SEMICONDUCTOR SHORTAGES ARE BEING FELT IN THE OVERALL AUTOMOTIVE SUPPLY CHAIN * AUTOMOTIVE RECOVERY IS HAPPENING FASTER THAN EXPECTED LAST SUMMER * FOUNDRY CAPACITY IS AN ISSUE ESPECIALLY FOR MICROCONTROLLERS * IT WILL TAKE TIME TO BRING MORE CAPACITY ONLINE * REGARDING POWER SEMICONDUCTORS AND SENSORS WE ARE IN BETTER SHAPE DUE TO IN-HOUSE PRODUCTION CAPACITY * WE RAN INVENTORIES AT ABOVE NORMAL LEVELS TO MINIMISE SUPPLY DISRUPTIONS; NOW WE ARE INVESTING TO INCREASE CAPACITY * SUPPLY CONSTRAINTS SHOULD NOT OVERSHADOW UNDERLYING TRENDS, 2021 SHAPING UP TO BE A STRONG YEAR FOR AUTOMOTIVE SEMICONDUCTORS (Reporting by Frankfurt Newsroom) ((frankfurt.newsroom@thomsonreuters.com;))