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Infineon boss bursts with confidence: "2022 will be a strong year"

2021-10-05T19:46:00.620Z


The semiconductor specialist Infineon from Neubiberg near Munich is optimistic about the demand for semiconductors in the new financial year.


The semiconductor specialist Infineon from Neubiberg near Munich is optimistic about the demand for semiconductors in the new financial year.

Neubiberg - The chip company Infineon expects a good financial year 2022 and wants to invest more.

Sales and margins should also continue to grow, as the company from Neubiberg near Munich announced on Tuesday.

“2022 will be a strong year.

We are continuing on our path of profitable growth and sustainable value creation, ”said CEO Reinhard Ploss.

In the new fiscal year, which began on October 1, sales are expected to rise in the mid-ten percent range, as Infineon announced.

That corresponds to a value around 15 percent.

In addition, Infineon wants to invest more in order to take advantage of growth opportunities.

They are expected to rise to around 2.4 billion.

Video: Tesla boss Elon Musk is surprisingly optimistic about the chip shortage

Infineon: Bavaria benefit from global demand for semiconductors

In the fiscal year just ended, for which no final figures are yet available, Infineon is assuming investments of 1.6 billion euros and sales of 11 billion euros.

The group confirmed this forecast on the basis of preliminary figures.

Infineon is currently profiting from the great demand for chips around the world.

In September the group opened a new factory in Villach, Austria.

(dpa) * Merkur.de is part of IPPEN.MEDIA.

Source: merkur

All news articles on 2021-10-05

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