Infineon Technologies predicts a revenue dip in 2025 due to sluggish automotive and industrial demand.

Infineon Technologies, a German chipmaker, forecasts a slight revenue decline in its fiscal year ending September 2025 due to weak demand from the automotive and industrial sectors. The company reported €14.96 billion in revenue for fiscal 2024 and expects a lower margin of mid to high teens percentage range compared to 20.8% in the previous year. The company's automotive business, which makes up over half of its revenue, is particularly affected by the slow electric vehicle market and competition in China.

November 12, 2024
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