A recovery in demand has propelled Infineon to an increase in both revenue and earnings. 'The AI boom is expanding, and our power supply solutions for AI data centers are in high demand,' stated Jochen Hanebeck, CEO of the chipmaker, on Wednesday. 'The expansion of energy infrastructure is gaining momentum and is becoming an increasing growth driver for our industrial business.' Consequently, the group is raising its full-year targets.
In the recently concluded quarter, revenues rose by six percent year-on-year to 3.81 billion euros. Segment result climbed nine percent to 653 million euros. For 2026, the company is now targeting significant rather than moderate revenue growth. The segment result margin is expected to reach approximately 20 percent, up from previous guidance in the high teens. In the past quarter, this figure stood at 17.1 percent.
(Reporting by Hakan Ersen, edited by Sabine Wollrab. For inquiries, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and economics) or frankfurt.newsroom@thomsonreuters.com (for corporate and markets).)
Presently, Jochen Hanebeck occupies the position of Chief Operating Officer of Infineon Technologies AG and Chief Operations Officer for Infineon Technologies Dresden GmbH & Co. KG (a subsidiary of Infineon Technologies AG). He is also on the board of Infineon Technologies (Kulim) Sdn. Bhd. and Infineon Technologies Austria AG.
He previously was Head-DRAM Technology Development at Siemens Microelectronics Center and President-Automotive Division at Infineon Technologies AG.
Jochen Hanebeck received an undergraduate degree from RWTH Aachen University.
Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (28.7%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (11.1%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (9.7%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems.
Net sales are distributed geographically as follows: Germany (9.8%), Europe/Middle East/Africa (14%), China/Hong Kong/Taiwan (38.1%), Japan (9%), Asia-Pacific (16.7%), the United States (10.3%) and Americas (2.1%).
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