Infineon Technologies

Semiconductor manufacturing company

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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.

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