Future Tech

Infineon raises full-year guidance

Tan KW
Publish date: Thu, 04 May 2023, 03:33 PM
Tan KW
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Future Tech

BERLIN - German chipmaker Infineon raised its full-year guidance for revenues and profitability on Thursday, citing strong demand from the electromobility, renewable energy generation and energy infrastructure sectors.

It now sees full-year revenues of 16.2 billion euros ($17.96 billion)- plus or minus 300 million - compared with its previous forecast for 15.5 billion.

 


  - Reuters

 

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