Future Tech

Infineon reports better-than-expected 2023 revenue on semiconductor demand

Tan KW
Publish date: Wed, 15 Nov 2023, 04:44 PM
Tan KW
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Future Tech

BERLIN - German chip manufacturer Infineon reported higher-than-expected revenue for its 2023 fiscal year on Wednesday as it said the appetite for semiconductors remains unabated.

Revenue was 16.31 billion euros ($17.72 billion), up 15% from the year before, slightly beating company-provided analyst expectations of 16.22 billion euros.

 


  - Reuters

 

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