Infineon's Challenging Fiscal Year Ahead
Infineon, the semiconductor manufacturer based in Neubiberg, is facing significant challenges as it reports a quarterly loss and a bleak outlook for fiscal year 2025. Revenue has plummeted to 15 billion euros, with profits declining sharply to 1.3 billion euros, a stark contrast to the previous year's 3.1 billion euros.
While artificial intelligence remains a bright spot, demand in other sectors is weak, and high inventory levels exacerbate the situation. The company is also grappling with a substantial burden from an 84 million euro loss in the fourth quarter and the financial implications of a settlement related to the Qimonda insolvency.
Despite these difficulties, Infineon has decided to maintain its dividend at 35 cents per share. The board anticipates a hesitant business performance in the upcoming year, with a cyclical recovery still delayed.
The press radar on this topic:
Gloomy Outlook and Quarterly Loss at Infineon
Gloomy Outlook and Quarterly Loss at Infineon
Welcome!

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand