Tuesday, 14 November 2017

Infineon hit by weak dollar

Infineon had calendar Q3 revenue of €1,820 million for a profit of €328 million. Net margin was 18%, gross margin was 37.5%. The outlook for FY 2018 is for 9% growth with a net margin of 17%, based on an assumed exchange rate of $1.15 to the euro (compared to an average EUR/US exchange rate ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/infineon-hit-weak-dollar-2017-11/

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