Infineon Ends 2021 Fiscal Year with Record Quarter
Infineon Technologies AG has disclosed its 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 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 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.”
Based on an assumed exchange rate of EUR/US$ 1.20, the revenue of €12.7 billion (plus or minus 500 million) is forecast for the 2022 fiscal year.
At the mid-point of the guided revenue range, Segment Result Margin is predicted to come in at about 21 percent.
Automotive and Connected Secure Systems segments revenue is expected to increase at a higher percentage rate than Group revenue overall.