February 5, 2020 / 6:45 AM / 21 days ago

Infineon posts in-line results, confirms guidance

BERLIN, Feb 5 (Reuters) - Germany's Infineon Technologies on Wednesday reported in-line results in the seasonally weak first quarter of its business year and confirmed its full-year outlook for revenue to grow by 5%.

The Munich-based supplier of automotive, power management and security chips also said it expected its $10 billion takeover of Silicon Valley-based Cypress Semiconductor to close around the end of the current quarter. (Reporting by Douglas Busvine Editing by Michelle Martin)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below