Infineon boosts Malaysia investment as Q3 revenue above forecast

BERLIN :German chipmaker Infineon said on Thursday it was massively increasing its investment in its Malaysia plant while reporting slightly better-than-expected quarterly revenue in a semiconductor market where trends remain a mixed picture.

The planned expansion of the Kulim fab is backed by customer commitments covering about 5 billion euros and about 1 billion euros in pre-payments, said Infineon, which said it would invest up to an additional 5 billion euros over the next five years.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Infineon Q3 revenue slightly above forecast on mixed semiconductor marketBERLIN :German chipmaker Infineon on Thursday reported slightly better than expected quarterly revenue as the market for semiconductors remains a mixed picture. Infineon, whose chips are used in cars and data centres, reported third-quarter revenue of 4.09 billion euros ($4.47 billion), slightly above expecta
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »