HomeNewsInfineon Closes 2021 Fiscal Year with Record Quarter; Outlook for 2022 Confirmed

    Infineon Closes 2021 Fiscal Year with Record Quarter; Outlook for 2022 Confirmed

    Today, Infineon Technologies AG is reporting results for the fourth quarter and for the full 2021 fiscal year, both of which ended on 30 September 2021.

    “Infineon has closed the 2021 fiscal year with an outstanding fourth quarter. We are stronger than ever and report revenue of over €11 billion for a full fiscal year for the first time, with significantly higher profitability,” said Dr Reinhard Ploss, CEO of Infineon. “Our corporate strategy is fully focused on the key trends of electrification and digitalization. We have established a first-class position that is enabling us to shape both of these fields with innovative technologies. In light of the continued high demand for semiconductors needed for the energy-efficient, connected world, we expect the 2022 fiscal year to be a strong one. We are investing significantly more in order to take advantage of opportunities to grow. We are continuing to expand our manufacturing capacities – for silicon as well as for the compound semiconductors silicon carbide and gallium nitride.”

     

    For more information, visit www.infineon.com

     

    ELE Times News
    ELE Times Newshttps://www.eletimes.ai/
    ELE Times provides extensive global coverage of Electronics, Technology, and the Market. In addition to providing in-depth articles, ELE Times attracts the industry’s largest, qualified, and highly engaged audiences, who appreciate our timely, relevant content and popular formats. ELE Times helps you build experience, drive traffic, communicate your contributions to the right audience, generate leads, and market your products favorably.

    Related News

    Must Read

    How Ethernet accelerates the move to software-defined vehicles

    By: Madison Ecklund, systems manager, Body Electronics & Lighting A...

    Intel Foundry Advances Chip Power Delivery with Next-Generation Capacitor Technology

    Courtesy: Intel Highlights Intel and Intel Foundry researchers demonstrated three...

    Keysight Partners with 3dB Labs to Enable Interoperable Signal Monitoring and Analysis

    Keysight Technologies announced the integration of its spectrum analysers...

    India to Boost Local Chip-making with a 1 Trillion Rupees Funding

    India is expected to unveil a funding of more...

    Qualitas Semiconductor Picks Anritsu’s Vector Network Analyzer for High-Speed Interconnect Signal Integrity Verification

    Qualitas Semiconductor Co., Ltd., a leading developer specialising in...

    The Tomorrow for AI and India’s edge advantage

    Courtesy: Qualcomm Artificial intelligence is entering its next chapter, one...

    Posifa Technologies Introduces PVC4001-C MEMS Pirani Vacuum Transducer for Wide-Range Vacuum Measurement

    Posifa Technologies has introduced its new PVC4001-C MEMS Pirani vacuum...

    STMicroelectronics to support AI infrastructure demand with high-volume production of its industry-leading silicon photonics platform

    STMicroelectronics is now entering high-volume production for its state-of-the-art...

    Impact of AI on Computing and the Criticality of Testing

    Courtesy: Teradyne Artificial intelligence (AI) is transforming industries, enhancing our...