Infineon reported calendar Q2 revenues of €2,174 million in results which included Cypress figures for the first time.
www.electronicsweekly.com, Aug. 04, 2020 –
For calendar Q3, it expects revenue of between €2.3 billion and €2.6 billion with a margin of 14%.
For the full year, Infineon expects revenues of €8.5 billion at a margin of 13%.
Infineon's automotive division suffered a revenue decline of 25% in the quarter.
The calendar Q2 net loss was €313 million, compared to a net loss of €48 million in the previous quarter.
The operating loss was €93 million, compared to an operating income of €226 million in the preceding quarter.