IFNNY - Infineon Technologies AG
| Previous Close | 17.21 |
| Open | 16.83 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 16.71 - 17.16 |
| 52 Week Range | 15.43 - 26.10 |
| Volume | 140,276 |
| Avg. Volume | 443,112 |
| Market Cap | 20.891B |
| Beta (3Y Monthly) | 1.25 |
| PE Ratio (TTM) | 15.08 |
| EPS (TTM) | 1.11 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.31 (1.78%) |
| Ex-Dividend Date | 2019-02-22 |
| 1y Target Est | 28.20 |
- PR Newswire
Infineon executive joins U.S. Department of Commerce Investment Advisory Council
EL SEGUNDO, Calif., Aug. 20, 2019 /PRNewswire/ -- Infineon Technologies announces that Bob LeFort, President of Infineon Americas, has been appointed to the United States Department of Commerce Investment Advisory Council (IAC) effective August 12, 2019. The IAC, led by Secretary Wilbur Ross, brings together 25 international business and economic leaders to advise Secretary Ross on government policies and programs to attract foreign direct investment to the United States. Infineon, a long-time investor and innovator in the United States, welcomes the opportunity to contribute its experience and expertise to this critical aspect of U.S. economic growth.
- Simply Wall St.
Is Infineon Technologies AG's (ETR:IFX) 1.8% Dividend Worth Your Time?
Could Infineon Technologies AG (ETR:IFX) be an attractive dividend share to own for the long haul? Investors are often...
- Zacks
Amdocs (DOX) Q3 Earnings Top Estimates, Revenues Up Y/Y
Amdocs' (DOX) fiscal third-quarter results benefit from new customer gains, penetration into new regions and a number of managed services awards.
- Bloomberg
Sluggish Car Sales Slow Down Chipmakers as Trade Woes Escalate
(Bloomberg) -- Semiconductor companies are wincing as consumers around the globe are buying fewer cars amid continuing trade tensions between the U.S. and China.China has been a pain point for the sector as the two countries continue to spar on trade, and chipmakers had braced for slumping demand in the country to dent performance. The automotive sector has emerged as one of the biggest sources of weakness and is now threatening to dampen the chances of a recovery in the latter half of the year.It has so far been an unfortunate year for automakers, as global sales shrank 6.5% from a year earlier in the first quarter of 2019, and 7% in the next three months, according to Bloomberg Intelligence. China led the decline with car sales in the country falling for 12 consecutive months through June, amid slowing economic growth, trade-related turmoil, and a weak consumer demand, exacerbated by newer and stricter emissions rules. With the U.S. and China ratcheting the turmoil up a notch this week, some say the risks of tariffs on auto imports is now higher.Many auto parts suppliers, as well as Ford Motor Co., have reported disappointing results and issued weak forecasts for the year, citing the China slowdown. And now the effect is rippling through the rest of the supply chain, hurting chipmakers and other industrial manufacturers.“China weakness was expected, but in all honesty, we were expecting a trade deal by now,” Piper Jaffray & Co. analyst Harsh Kumar said in an interview. Kumar, who covers semiconductor stocks, said the companies supplying the automotive market were still seeing growth in radar and electrification-related products, while the traditional, gas engine segment is getting hit hard.Most of the automotive chip manufacturers have a larger piece of their business associated with traditional auto, and “that is not doing so well because there isn’t any market share or penetration to be gained; it is simply a units game,” Kumar said, referring to the fewer number of cars being sold.Maxim Integrated Products Inc., which makes chips that are used in various parts of a car including lighting, infotainment and driver assistance systems, said it expected the calendar third quarter to be slow, due to a “soft environment” for automotive production. The company’s battery management systems used in electric vehicles will also have fewer shipments, given the market uncertainty in China, the company said.The concerns were echoed by NXP Semiconductors NV, which makes components that help a car to sense its environment and process that data. Maxim and NXP’s customers include auto suppliers such as Aptiv Plc, Lear Corp. and Visteon Corp. as well as Fiat Chrysler Automobiles NV. Other chipmakers with substantial auto market exposure include Infineon Technologies AG, Analog Devices Inc., Texas Instruments Inc., and Microchip Technology Inc.Meanwhile, Rockwell Automation Inc., which counts both automotive and semiconductor sectors among its customers, saw both markets decline in the quarter ending June 30.“Overall, the combination of production cuts and reductions in component inventory is having an significant impact,” Morgan Stanley’s Craig Hettenbach, who covers semiconductors, said in an email interview. The analyst said that while the weakness is most pronounced in China, Europe has also been below expectations from the beginning of the year. “There is a lot of focus on when China will provide incentives to stimulate demand, but company and investor expectations for stimulus are pretty low right now,” Hettenbach said.A respite is not expected anytime soon. According to Moody’s, global vehicle sales are expected to fall 3.8% in 2019, amid further weakening demand in China and Western Europe. The latest round of trade war-related tarriffs could make matters even worse.To contact the reporter on this story: Esha Dey in New York at edey@bloomberg.netTo contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Jennifer Bissell-Linsk, Morwenna ConiamFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Reuters
UPDATE 2-European stocks dive to 2-month lows on China worries
European shares sank to a two-month low on Monday as a global sell-off spurred by trade tensions deepened, sending China's yuan to its lowest in more than a decade and sinking trade-sensitive mining, luxury and technology stocks. The pan-European STOXX 600 index fell 2.3%, which, taking into account Friday's losses, made for the biggest two-day drop in more than three years as traders dumped shares in favour of perceived safe-havens like government bonds. The yuan's move on Monday was viewed as a clear sign China would not back down in the face of President Trump's threat of new tariffs on imports, meaning the trade conflict may get worse.
- Zacks
Infineon (IFNNY) Q3 Earnings Miss Estimates, Revenues Up Y/Y
Infineon (IFNNY) third-quarter fiscal 2019 results benefit from growth in ATV, PMM and IPC segments.
- Bloomberg
The Bright Spot in the Stagnating Smartphone Industry
(Bloomberg Opinion) -- Smartphone sales may be stagnating, but one particular strand of technological wizardry behind them is not. Companies that make the sensors powering your phone’s camera and facial recognition system are preparing for a mini boom.The slowdown in global smartphone sales has made life tougher for semiconductor makers. Chips giants from Qualcomm Inc. to Samsung Electronics Co. Ltd. have all recently issued disappointing forecasts. Pricing for memory chips is close to an all-time low.One bright spot is the market for 3-D and camera sensors. Smartphone makers are either struggling to find major new innovations, or are holding them back for handsets that are 5G-enabled and can transmit heaps of data very quickly. Meantime, the likes of Apple Inc. and Huawei Technologies Co. Ltd are pushing more incremental design improvements: Bigger displays and better cameras. The displays often require more sensors too, as fingerprint scanners make way for optical sensing systems.That’s good news for the likes of Sony Corp., Infineon Technologies AG, STMicroelectronics NV and AMS AG. All have intimated that the technology is finally gaining some traction, two years after the iPhone X first brought 3-D sensors to a mass market smartphone with Face ID.Both Sony’s and ST Micro’s sensor arms were their fastest growing business in the most recent quarter as they ramped up production for the arrival of new smartphones in the third quarter. AMS bucked the trend of recent years to forecast growth for the rest of the year that exceeds expectations.This new upswell has as much to do with photography as facial recognition. Even as handset sales drop, more advanced and therefore higher margin image sensors are going into the handsets that are still sold.Huawei and Apple have made photography a selling point. The Chinese firm’s P30 Pro is marketed with the tagline “Rewrite the Rules of Photography” and comprises five different cameras, including a front-facing one.That’s boosted demand for both image sensors and 3-D sensors, which are used to improve the focus and depth perception on the back-facing cameras, as well as for facial recognition on the front. Apple’s next top-of-the-range iPhone will include three rear-facing cameras when released later this year, Bloomberg News has reported.Alphabet Inc.’s Google will also release an updated Pixel smartphone that comprises an innovative 3-D motion sensor array that lets users control the handset without touching the screen. Much of the underlying hardware will be supplied by Infineon.It’s a promise that is overdue. AMS had anticipated a far faster return on its significant investment in the technology. It mistimed its spending and the stock has suffered as a consequence. Infineon, Sony and STMicro have invested in a steadier fashion and benefit from the deep pockets that their other businesses afford them.One reason for the recent uptick in adoption is the arrival of a new class of “time-of-flight” sensors. The iPhone’s Face ID relies on a more complex system known as “structured light.” Not only have Apple’s supplier exclusivity agreements made it harder for rivals to imitate its approach, but the technology’s complexity makes it trickier and more expensive to implement.Time-of-flight gear works the way it sounds, by measuring how long it takes for a laser signal to bounce off an object and inferring its topography accordingly. It requires fewer components and is generally more robust, reducing the risk of breakage and therefore wastage in the manufacturing process.STMicro has a close working relationship with Apple, so may benefit most from the next iPhone. Sony works with the Cupertino, California-based firm too, but has also benefited from the rise of Huawei’s smartphone business. Google’s smartphone business remains small, limiting the upside for Infineon, but its handsets become design standards for others that run on the search giant’s Android operating system. That positions Infineon well for further design wins.Usually, new technology gets industrial applications before filtering down to consumers. When it comes to 3-D sensors, it’s the reverse. Companies such as STMicro and Infineon are building relationships with suppliers that will continue when the sensors go into factories in a few years’ time. Yet more devices will go into cars, monitoring driver behavior and attention. Things are looking up.To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Stephanie Baker at stebaker@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Motley Fool
Infineon Is Getting a Good Asset in Cypress Semiconductor
But it may be time for Cypress investors to start planning their exit ahead of the merger.
- Reuters
UPDATE 2-Infineon confirms reduced guidance, says Cypress deal on track
German chipmaker Infineon expects to meet its lowered guidance for the year to Sept. 30, it said on Thursday after posting third-quarter sales and profit in line with market expectations. Munich-based Infineon, which in June agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, confirmed the deal was on track to close either towards the end of this calendar year or in early 2020. "Regardless of the ongoing unfavourable macroeconomic conditions, we still expect to achieve our targets for the current fiscal year," said CEO Reinhard Ploss.
- Zacks
Is Infineon Technologies (IFNNY) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Simply Wall St.
Infineon Technologies AG (ETR:IFX): Does The Earnings Decline Make It An Underperformer?
When Infineon Technologies AG (ETR:IFX) released its most recent earnings update (31 March 2019), I compared it...
- Market Realist
NXP Falls 2.5% on Weak Earnings Guidance
This week’s first semiconductor earnings were those of NXP Semiconductors, which released its second-quarter numbers today.
- Market Realist
Automotive Drives Cypress’s Second-Quarter Earnings
Cypress Semiconductor (CY) has been in the news as it is being acquired by Germany’s Infineon Technologies for about $10 billion.
- Motley Fool
Cypress Semi Posts Solid Results Ahead of Its Infineon Acquisition
The semiconductor manufacturing leader is being acquired, but that doesn't mean investors should stop paying attention.
- Zacks
The Zacks Analyst Blog Highlights: Apple, Intel and Infineon
The Zacks Analyst Blog Highlights: Apple, Intel and Infineon
- Zacks
Apple's Bet On 5G
5G is anticipated to spur the smartphone industry out of its slump. Apple (AAPL) is making a big bet on 5G with a potentially $1 billion deal with Intel (INTC) in the works.
- Zacks
Is Infineon Technologies (IFNNY) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Simply Wall St.
Should We Be Delighted With Infineon Technologies AG's (ETR:IFX) ROE Of 16%?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- Morningstar
Infineon Remains a Powerhouse
Infineon Technologies IFNNY / IFX is a leading broad-based European chipmaker with nice exposure to secular growth drivers in the industrial and automotive chip sectors. Looking at the automotive chip market, vehicles with advanced powertrain technology and safety systems require a variety of sensors and power management chips supplied by companies like Infineon. Similarly, the company's exposure to power management circuits positions it to benefit from trends in the electronics industry toward power conservation, not only in more efficient devices like industrial drives, but also in green energy solutions like solar panels.
- Motley Fool
Why Cypress Semiconductor Jumped 24.8% in June
The semiconductor leader is being acquired. Here's what investors need to know.
- Bloomberg
European Tech Stocks Reach One-Year High on U.S.-China Truce
(Bloomberg) -- European technology stocks reached the highest level since June 2018 after the U.S. and China signaled a truce in the trade dispute, and the U.S. said it would permit some companies to do business with blacklisted Huawei Technologies Co.Chipmakers in Europe have taken a hit since the U.S. blacklisted China's Huawei and scores of its affiliates around the world in May. That decision also exacerbated trade tensions between the U.S. and China, hurting chipmakers since China is a key end market for their components. Two silicon wafer companies, the U.K.’s IQE Plc and Germany’s Siltronic AG, both warned last month about the impact of the ban, and the broader effect of the trade war on the semiconductor sector.The Stoxx 600 Technology sub-index rose as much as 2.5%, the most intraday since April 24, with semiconductor firms leading the charge. AMS AG, STMicroelectronics and Infineon Technologies AG all surged, as did chip equipment makers like ASML Holding NV and ASM International NV.Conversely, telecoms equipment groups Nokia Oyj and Ericsson AB have benefited from the blacklisting of Huawei as it removed a key competitor for contracts to build the next generation of 5G mobile networks. Those two were among the worst performers in a mostly green tech sector on Monday morning.Here’s what analysts are saying:CowenCurtailing restrictions on Huawei “could temporarily improve sentiment” on the semiconductor capital equipment group. Although most of these companies, such as ASML and Applied Materials Inc., don’t sell directly to Huawei, they’ve been affected by recent semiconductor supply chain disruptions, the analysts said.Morgan Stanley“A resumption in trade talks is a step in the right direction, although it will not cure the fundamental problem of weaker demand and excess inventory that continues to plague semis. A resolution on trade could provide an important catalyst to help demand, but as of right now it feels like status quo.”Oddo“The readacross is positive for the smartphone market and the semiconductor market as the U.S. and China converge toward a deal. The halt on additional tariffs should also bring some stability to the semiconductor market.”Liberum“These moves are positive for the entire tech industry, especially semiconductor suppliers. The semiconductor down cycle is currently at its trough” with a new up cycle expected to start from the second half of the year, the analysts said.“The removal of sanctions on Huawei and the holding off of additional tariffs is likely to strengthen the recovery in coming months.’’New Street“First of all, it is worth noting this is not a full lift; tensions will remain. Second, it means China will accelerate the development of alternative supply chains and ecosystems. It means investments will probably accelerate, to the benefit of the semicap equipment industry.’’“On the 5G front, it means things will get back into motion. Huawei will likely lose some market share in Europe, where operators will continue to buy from Huawei but reduce exposure to the vendor, while European players will likely lose ground in China in similar magnitude.’’Baader Helvea“The positive element certainly is Trump’s softened stance on Huawei, which has not been expected ahead of the meeting. This may raise hopes that a technology war can be averted. However, the Huawei issue will probably be part of any trade deal and may only be addressed at a later stage when other stumbling stones have been resolved.’’(Adds analyst comments.)To contact the reporters on this story: Sam Unsted in London at sunsted@bloomberg.net;Kasper Viita in London at kviita1@bloomberg.netTo contact the editors responsible for this story: Beth Mellor at bmellor@bloomberg.net, Monica Houston-WaeschFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
DXC & Zafin's Banking Solution to Boost Customer Engagement
DXC Technology's (DXC) core banking solutions and Zafin's pricing solutions together will help banking clients of the former to stay up to date in the changing market scenario.
- Zacks
Mercury (MRCY) Rides on Award Wins & Expanding Clientele
Mercury's (MRCY) efforts in the defense systems market are attracting major contractors. Moreover, flow of awards and accolades is also a positive.
