Infineon Technologies
Semiconductor manufacturing company
Follow Infineon Technologies on Notably News to receive short updates to your email — rarely!
2024 | The company's revenue slightly decreased to €14.995 billion, with net income reducing to €1.301 billion. |
2023 | Infineon Technologies achieved its highest annual revenue of €16.309 billion and net income of €3.137 billion. |
2023 | Infineon invested EUR 5 billion into its semiconductor fab in Kulim, Kedah, Malaysia, and planned to build two additional plants in Dresden with a potential government subsidy of €1 billion. |
2023 | Infineon Technologies renamed its industrial division from IPC to Green Industrial Power (GIP), reflecting its focus on power semiconductors and modules for electrical energy generation, transmission, and consumption. |
2023 | Infineon became Germany's largest chip manufacturer. |
October 2023 | Infineon acquired GaN Systems, headquartered in Ottawa, Canada. |
May 2023 | Infineon acquired Imagimob, a Stockholm-based 'tiny machine learning' company. |
2022 | The company reached peak revenue of €14.218 billion and significantly increased net income to €2.179 billion. |
2021 | Infineon Technologies experienced substantial growth, with revenue jumping to €11.060 billion and net income rebounding to €1.28 billion. |
2020 | Despite potential market challenges, the company maintained revenue at €8.567 billion, with net income dropping to €0.368 billion. |
April 17 2020 | The acquisition of Cypress Semiconductors was closed. |
2019 | Jochen Hanebeck appointed as CEO of Infineon Technologies, leading the company's strategic direction and operations. |
2019 | Infineon Technologies reported revenue of €8.029 billion, with net income slightly decreasing to €0.870 billion. |
June 2019 | Infineon announced plans to acquire Cypress Semiconductors for US$9.4 billion. |
2018 | The company achieved revenue of €7.599 billion and significantly increased net income to €1.075 billion. |
2018 | Connected Secure Systems (CSS) business segment achieved €664 million in revenue for the fiscal year. |
2018 | Infineon Technologies' Power & Sensor Systems (PSS) division generated €2,318 million in revenue for the fiscal year. |
2018 | The industrial division achieved sales of €1,323 million in the fiscal year, highlighting its significant market presence in power semiconductor technologies for industrial and renewable energy applications. |
September 2018 | Infineon reported automotive segment (ATV) sales of €3,284 million for the fiscal year ending in September, highlighting the company's significant market presence in automotive semiconductor technologies. |
March 2018 | Infineon sold its RF Power Business Unit to Cree Inc. for €345 million. |
2017 | Infineon Technologies recorded revenue of €7.063 billion and net income of €0.790 billion, maintaining steady financial progress. |
2016 | The company continued its growth trajectory with revenue reaching €6.473 billion and net income of €0.743 billion. |
2016 | IHS Embedded Digital Security Report recognized Infineon as the number 1 in embedded security. |
October 2016 | Infineon acquired Innoluce, a company with expertise in MEMS and LiDAR systems for autonomous cars. |
2015 | Infineon Technologies saw significant revenue expansion to €5.795 billion and net income of €0.632 billion. |
January 13 2015 | The acquisition of International Rectifier Corporation was officially closed. |
2014 | The company experienced revenue growth to €4.320 billion and increased its net income to €0.535 billion. |
August 2014 | Infineon agreed to buy International Rectifier Corporation for about US$3 billion. |
2013 | Infineon Technologies reported annual revenue of €3.843 billion, reflecting the company's financial performance for the year. |
January 2011 | Infineon sold its wireless business segment to Intel for US$1.4 billion, creating Intel Mobile Communications (IMC). |
2010 | Klaus Wucherer was elected to step into the chairman's office upon the retirement of Max Dietrich Kley, following a proxy contest before the shareholders' meeting. |
This contents of the box above is based on material from the Wikipedia article Infineon Technologies, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.