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BRIEF-Infineon says automotive will be main growth driver

Nov 23 Infineon

* CEO says expects to complete Wolfspeed acquisition in early 2017

* CMO says automotive unit will be main growth driver for us, sees above-average growth

* CFO says sees moderate growth in chip market in 2017

* Says very comfortable to keep strong position in electric vehicle industry

* CFO says 17 percent operating margin target is achievable next fiscal year, providing chip market develops normally Further company coverage: (Frankfurt Newsroom)

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