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.

4 months ago
6 Articles