Features
Power_electronics Features

Power of the Module - Nov/Dec 2020
Vicor has established a power module capability spanning product design, manufacturing, simulation and selection tools. This capability allows Vicor to enable power systems designers to quickly and...
More details...
Power Electronics Europe News
 
Growth at Infineon

2021 fiscal year off to a good start for Infineon. Target markets showing dynamic momentum, outlook for the year raised slightly. Production start in Villach for power semiconductors brought forward.

Revenuefor the three-month period increased from €2,490 million to €2,631 million quarter-on-quarter, with all segments contributing to the 6 percent growth despite the weaker US dollar. Revenue grew particularly strongly in the Automotive (ATV) segment. The Industrial Power Control (IPC) and Power & Sensor Systems (PSS) segments also recorded marked increases, while the Connected Secure Systems (CSS) saw a slight improvement compared to the previous quarter.

“Infineon has made a good start to the new fiscal year. Despite headwinds from a weak US dollar, we recorded significant increases in both revenue and earnings in the first quarter. In addition to theeconomic recovery in some regions, we continue to benefit from the digitalization push affecting all areas of life. Semiconductors are needed more than ever,” said CEO Dr. Reinhard Ploss. "We are monitoring ongoing risks closely. Nevertheless, in view of dynamic ordering momentum and manufacturing plants running at good utilization rates in the majority of product areas, we are making a slight upward adjustment to our outlook for the full year. We are increasing our investments in manufacturing capacity and bringing forward the starting date for the new power semiconductor plant in Villach to the last quarter of the current fiscal year."

Based on an assumed exchange rate of $1.20 to the euro, Infineon expects to generate revenue between €2.5 billion and €2.8 billion in the second quarter of the 2021 fiscal year. Revenue generated by the ATV and PSS segments is predicted to grow by a low-single digit percentage compared to the previous quarter. Revenue in IPC is expected to remain at a similar level to the previous quarter while revenue of the CSS segment should see a low-single digit percentage declinequarter-on-quarter. For the full FY revenue of around €10.8billion (plus or minus 5 percent) is expected. Particularly for the ATV and PSS segments, revenue is expected to grow during the second half of the fiscal year, driven by continued market momentum. “Besides geopolitical and macroeconomic factors, the economic disruption caused by the coronavirus pandemic makes accurate prediction difficult. Key factors influencing the expected development of revenue and earnings during the pandemic will be the progression of global infection rates over time, possible restrictions on economic activities, effects on production and supply chains and the level and effectiveness of governmental stimulus programs“, Ploss concluded. AS

www.infineon.com

 



 
Go Back   
Newsletter sign up

Sponsors