|Bid||16.35 x 427900|
|Ask||16.36 x 8100|
|Day's Range||16.32 - 16.97|
|52 Week Range||15.76 - 25.76|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||20.68|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||0.27 (1.28%)|
|1y Target Est||23.20|
With a market capitalization of €19b, Infineon Technologies AG (ETR:IFX) is a large-cap stock, which is considered by...
In the case of Huawei being blacklisted by the Trump administration, that might open a window for non-U.S. semiconductor companies to jump through. A spokesman for Infineon said Monday that the company's exports to Huawei are not subject to U.S. restrictions, seemingly at odds with reports from Nikkei that it had agreed to comply with restrictions. As Europe did with resistance to U.S. and Australian calls for a ban on Huawei's 5G equipment, the region has remained silent on the Chinese company's status for its firms.
Global risk appetite was jolted after Reuters reported Alphabet Inc's Google suspended some business with Huawei, while Apple Inc supplier Lumentum Holdings Inc said it had discontinued all shipments to Huawei. "Seeing as the United States has taken a tough stance against Huawei, traders are not hopeful that the U.S.-China trade dispute will be resolved quickly," David Madden, market analyst at CMC Markets UK, wrote in a note. Germany's DAX dropped 1.6%, while French stocks shed 1.5%.
Alphabet Inc.’s Google and another U.S. chip maker have begun to comply with U.S. restrictions on Huawei Technologies Inc., with other companies also reportedly falling in line.
While the sector has been one of the biggest casualties of the escalation of trade tensions between the U.S. and China, news on Monday that some Huawei Technologies Co. suppliers are said to have halted shipments to the Chinese company sent chipmakers plummeting. The Philadelphia Semiconductor index fell as much as 3.3% in New York, its biggest drop in a week, while in Europe, the Stoxx 600 Technology Index slid 3%. The company said in a statement that it cannot predict when shipments will resume.
U.S. and European chipmakers fell sharply on Monday amid worries the Huawei Technologies suppliers may suspend shipments to the Chinese firm due to a U.S. crackdown. The selling came after Nikkei Asian Review reported that Infineon had halted shipments to Huawei after Washington added the world's No. 2 smartphone maker to a trade blacklist last week, imposing restrictions that will make it difficult to do business with U.S. companies. Reuters reported that Alphabet Inc's Google had suspended some business with Huawei and Lumentum Holdings Inc, seen as a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.
German chipmaker Infineon is continuing most shipments to Huawei, it said on Monday, denying a report in Japan's Nikkei daily that it had suspended deliveries to the Chinese telecoms firm. Infineon, which makes power-management chips used in cars, smartphones and wind turbines, said most of its products were not covered by the U.S. export control restrictions announced by the Trump administration last Thursday. "As of today, the great majority of products Infineon delivers to Huawei is not subject to U.S. export control law restrictions, therefore those shipments will continue," Infineon said in a statement.
On Friday, the administration barred U.S. firms from supplying components to the Chinese maker of telecommunications equipment, which it accuses of helping Beijing to spy. For now, the moves by Germany’s Infineon Technologies AG and others are precautionary while the finer details of the ban are examined. Companies are unsure whether the restriction extends to the U.S. operations of European firms.
A spokesman for Infineon Technologies AG -- one of Europe’s largest chipmakers -- said the majority of products it delivers to Huawei are not subject to U.S. restrictions, adding that the chipmaker can "make adaptions in our international supply chain." Austria-based AMS AG also said that it had not suspended shipments to Huawei. Infineon has suspended deliveries to Huawei, Nikkei Asian Review reported earlier Monday, citing two people familiar with the matter. The U.S. Commerce Department has said it will put Huawei on an “Entity List” -- meaning any U.S. company will need a special license to sell products to the world’s largest networking gear maker and second-largest smartphone brand.
Technology stocks dragged Wall Street lower on Monday as investors measured the implications of the trade dispute between China and the US. The S&P 500 lost 0.7 per cent, while the tech-heavy Nasdaq Composite nursed a 1.5 per cent decline.
German chipmaker Infineon has suspended shipments to Huawei Technologies, in a sign that Washington's crackdown on the Chinese tech company is beginning to hamper its supplies beyond the United States, Nikkei Asian Review reported on Monday. Infineon had no immediate comment. Citing two people familiar with the matter, Nikkei reported that Infineon's decision to stop deliveries came after the Trump administration on Thursday officially added Huawei to a trade blacklist, immediately enacting restrictions that will make it extremely difficult for the telecom firm to do business with U.S. companies.
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German chipmaker Infineon Technologies AG said on Tuesday that a slump in demand had led to an inventory pile-up that would only plateau this summer, keeping pressure on profit margins. Infineon, which makes high-performance power chips used in everything from cars to server farms and smartphones, has been forced by a China-led slowdown to lower its revenue guidance twice already this year. While declaring an industry boom over, CEO Reinhard Ploss stood by his view that sales would rise 5 percent to 8 billion euros ($8.96 billion) in the year to Sept. 30, as Infineon reported flat sequential sales in the second quarter and said margins had held up better than expected.
European shares ticked lower in early deals on Thursday, as investors cautiously awaited manufacturing data to gauge the health of euro zone economies ahead of the Easter holiday. The pan-European STOXX 600 index edged down 0.1 percent by 0725 GMT, with all countries' bourses in the red. Better-than-expected economic data out of China on Wednesday propelled the pan-region index to a sixth day of gains.
Today we are going to look at Infineon Technologies AG (ETR:IFX) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into h...
The accelerated pace could see TSMC running at full capacity by the third quarter, the Digitimes reported, suggesting industry forecasts of a second half turnaround in global chip demand could prove accurate. AMD shares were marked 5.9% higher Wednesday at $28.31 each for the key TSMC client. Micron, meanwhile, was seen 4.15% higher at $44.20 each.
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shares extended declines Thursday after Europe's biggest chipmaker cautioned that 2019 profits would likely fall short of analysts' forecasts thanks in part to weakness in China's sputtering auto market. Infineon said sales for its fiscal year, which ends in September, would likely rise 5.2% from the same period last year to around €8 billion, down from a prior forecast of a 9% advance. Infineon said vehicle sales in China, which represent around a fifth of group revenues, decelerated quickly in February, "causing dealer inventories to increase sharply" and pressuring profit margins, which it things will narrow by 150 basis points to 16%.
European shares ended flat on Wednesday after swinging between gains and losses through the day, with strength in banks and auto stocks offset by weakness in the technology and healthcare sectors. Indexes in London and Frankfurt were steady, while Paris slipped 0.1 percent. Bank stocks rallied 0.8 percent after the European Central Bank said it could further delay an interest rate hikes and may look at measures to mitigate the side-effects of sub-zero rates.